Filing Details

Accession Number:
0001181431-10-031087
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-03 13:00:00
Reporting Period:
2010-06-01
Filing Date:
2010-06-03
Accepted Time:
2010-06-03 14:01:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1391127 Limelight Networks Inc. LLNW Services-Business Services, Nec (7389) 201677033
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1393082 F Nathan Raciborski C/O Limelight Networks, Inc.
2220 W. 14St Street
Tempe AZ 85821
Chief Technical Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-06-01 14,879 $4.42 1,379,303 No 4 S Direct
Common Stock Disposition 2010-06-01 5,000 $4.38 1,374,303 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 850,017 Indirect See footnote
Common Stock 2,500,000 Indirect See footnote
Footnotes
  1. The sale 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 56,250 restricted stock units.
  2. This includes 197,500 unvested restricted stock units.
  3. Shares sold pursuant to 10b5-1 plan adopted on May 27, 2009. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.35 to $4.42, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  4. Shares held by the Raciborski Family Children's Irrevocable Trust dated October 16, 2009 for which the Reporting Person serves as a Trustee.
  5. Shares held directly by Nathan Raciborski Grantor Retained Annuity Trust dated December 15, 2009 for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.