Diegnan Richard P. JR 4
4 · Edgio, Inc. · Filed Sep 15, 2023
Insider Transaction Report
Form 4
Edgio, Inc.EGIO
Diegnan Richard P. JR
Chief Legal Officer
Transactions
- Tax Payment
Common Stock
2023-09-13$0.83/sh−9,842$8,169→ 151,818 total - Award
Common Stock
2023-09-13$0.83/sh+1,342$1,114→ 153,160 total
Footnotes (5)
- [F1]The RSUs vested on September 1, 2023, respectively, however, due to the Restatement of the Company's 2020 and 2021 financial statements, the RSUs settled on September 13, 2023, following the Company's return to compliance with periodic reporting requirements and filing of its Quarterly Report on Form 10-Q for the 2nd Quarter 2023.
- [F2]The forfeiture reported in this row represents restricted stock units that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the automatic vesting of 40,415 restricted stock units.
- [F3]This includes 121,245 unvested restricted stock units.
- [F4]Due to the Restatement of the Company's 2020 and 2021 financial statements, the RSUs settled on September 13, 2023, following the Company's return to compliance with periodic reporting requirements and filing of its Quarterly Report on Form 10-Q for the 2nd Quarter 2023.
- [F5]Purchased pursuant to the Edgio, Inc. Employee Stock Purchase Plan ("ESPP") on the transaction date for the purchase period of November 15, 2022, through September 13, 2023. These shares were purchased at the closing price of the issuer's common stock on September 13, 2023. This transaction is exempt under Rule 16b-3(c).