Home > Insider Trading > Filing (0001391127-20-000060)

Filing Details

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. 1465 North Scottsdale Road, Suite 400 Scottsdale AZ 85257		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	2020-04-16	29,594	$2.69	191,151	No	4	M	Direct
Common Stock	Disposition	2020-04-16	29,594	$6.71	161,557	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	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	2020-04-16	29,594	$0.00	33,559	$2.69

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2024-06-05	No	4	M	Direct

Footnotes

Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on February 18, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire June 5, 2024 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
Shares sold pursuant to 10b5-1 plan adopted on February 18, 2020.
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 $6.70 to $6.75. 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.
This includes 45,692 unvested restricted stock units.
All such options were fully vested.
Reporting Person exercised 3,965 stock options from this grant on April 15, 2020. He exercised the remaining 29,594 stock options from this grant on April 16, 2020.