Filing Details
- Accession Number:
- 0001391127-20-000130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-05 17:41:10
- Reporting Period:
- 2020-06-03
- Accepted Time:
- 2020-06-05 17:41:10
- 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. 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 | Disposition | 2020-06-03 | 15,993 | $5.01 | 145,564 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-06-04 | 27,162 | $0.00 | 172,726 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2020-06-04 | 29,699 | $4.80 | 143,027 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- 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 45,692 restricted stock units.
- The Reporting Person received an aggregate of 27,162 restricted stock units, which, if eligible, shall become fully vested and exercisable on the day prior to the Issuer's 2021 annual shareholder meeting (but in no event later than December 31, 2021), subject to Reporting Person's continued services to the Issuer through such date. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
- $0.00 is used for technical reasons as there is no price for this security until it vests in the case of RSUs, or until it is exercised in the case of stock options.
- This includes 27,162 unvested restricted stock units.
- 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 $5.06 to $5.20. 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.
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