Filing Details

Accession Number:
0001391127-20-000162
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-13 17:32:12
Reporting Period:
2020-07-09
Accepted Time:
2020-07-13 17:32:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1391127 Limelight Networks Inc. LLNW Services-Business Services, Nec (7389) 201677033
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1638473 Michael Disanto 1465 North Scottsdale Road
Suite 400
Scottsdale AZ 85257
Chief Admin. & Legal Officer No 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 Explanation
Common Stock Acquisiton 2020-07-09 59,364 $3.95 855,438 No 4 M Direct
Common Stock Disposition 2020-07-09 59,364 $8.02 796,074 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 2020-07-09 59,364 $0.00 59,364 $3.95
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
240,636 2025-05-05 No 4 M Direct
Footnotes
  1. Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on April 27, 2020. This reflects an exercise of reporting person's stock options 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. This includes 142,690 unvested restricted stock units.
  3. Shares sold pursuant to 10b5-1 plan adopted on April 27, 2020.
  4. 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 $8.13. 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.
  5. All such options were fully vested.