Filing Details

Accession Number:
0001391127-20-000152
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-02 19:48:25
Reporting Period:
2020-07-02
Accepted Time:
2020-07-02 19:48:25
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 2020-07-02 35,264 $8.03 57,763 No 4 S Direct
Common Stock Acquisiton 2020-07-02 25,599 $4.10 83,362 No 4 M Direct
Common Stock Disposition 2020-07-02 25,599 $8.12 57,763 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
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 2020-07-02 25,599 $0.00 25,599 $4.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
672 2025-06-04 No 4 M Direct
Footnotes
  1. Shares sold pursuant to 10b5-1 plan adopted on February 18, 2020.
  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 $8.00 to $8.14. 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. This includes 27,162 unvested restricted stock units.
  4. 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 4, 2025 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
  5. 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 $8.10 to $8.18. 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.
  6. All such options were fully vested.