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
  1. 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.
  2. 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.
  3. 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.
  4. All such options have fully vested.