Filing Details
- Accession Number:
- 0001391127-17-000031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-15 16:24:12
- Reporting Period:
- 2017-02-13
- Filing Date:
- 2017-02-15
- Accepted Time:
- 2017-02-15 16:24:12
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1391127 | Limelight Networks Inc. | LLNW | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1256325 | David Peterschmidt | C/O Limelight Networks, Inc. 222 South Mill Avenue, 8Th Floor Tempe AZ 85281 | Yes | No | 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 | Acquisiton | 2017-02-13 | 44,800 | $2.09 | 205,926 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-02-13 | 44,800 | $2.44 | 161,126 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-02-13 | 7,700 | $2.09 | 168,826 | No | 4 | M | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2017-02-13 | 44,800 | $0.00 | 44,800 | $2.09 |
Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2017-02-13 | 7,700 | $0.00 | 7,700 | $2.09 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,700 | 2017-02-27 | No | 4 | M | Direct | |
0 | 2017-02-27 | No | 4 | M | Direct |
Footnotes
- Exercise of reporting person's stock options that would otherwise expire February 27, 2017 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
- Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $2.40 to $2.48. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.
- A portion of the proceeds from the sale of 44,800 shares was used to cover the exercise price, fees, and commissions. The reporting person elected to use the remainder of the proceeds to purchase 7,700 shares.
- All such options have fully vested.