Home > Insider Trading > Filing (0001391127-20-000280)

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
1184869	A Robert Lento	C/O Limelight Networks, Inc. 1465 North Scottsdale Road, Suite 400 Scottsdale AZ 85257	Ceo	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
Common Stock	Acquisiton	2020-12-01	20,833	$1.78	2,029,062	No	4	M	Direct
Common Stock	Disposition	2020-12-01	20,833	$4.45	2,008,229	No	4	S	Direct
Common Stock	Disposition	2020-12-01	56,895	$4.33	1,951,334	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	F	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	2020-12-01	20,833	$0.00	20,833	$1.78

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
83,332		2022-11-13	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	10,064	Indirect	By: Daughter
Common Stock	34,109	Indirect	By: Son

Footnotes

Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on January 31, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire November 13, 2022 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
This includes 612,708 unvested restricted stock units.
Shares sold pursuant to 10b5-1 plan adopted on January 31, 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 $4.26 to $4.45. 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.
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 132,775 restricted stock units.
This includes 479,933 unvested restricted stock units.
Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
All such options were fully vested.