0001391127-15-000029.txt : 20150304 0001391127-15-000029.hdr.sgml : 20150304 20150304142231 ACCESSION NUMBER: 0001391127-15-000029 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150302 FILED AS OF DATE: 20150304 DATE AS OF CHANGE: 20150304 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Limelight Networks, Inc. CENTRAL INDEX KEY: 0001391127 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 201677033 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 222 SOUTH MILL AVENUE, 8TH FLOOR CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: 602-850-5000 MAIL ADDRESS: STREET 1: 222 SOUTH MILL AVENUE, 8TH FLOOR CITY: TEMPE STATE: AZ ZIP: 85281 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Boncel Daniel R CENTRAL INDEX KEY: 0001588981 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33508 FILM NUMBER: 15672806 MAIL ADDRESS: STREET 1: LIMELIGHT NETWORKS, INC. STREET 2: 222 S. MILL AVE. #800 CITY: TEMPE STATE: AZ ZIP: 85281 4 1 wf-form4_142549694114206.xml FORM 4 X0306 4 2015-03-02 0 0001391127 Limelight Networks, Inc. LLNW 0001588981 Boncel Daniel R 222 S. MILL AVE. SUITE #800 TEMPE AZ 85281 0 1 0 0 Principal Accounting Officer Common Stock 2015-03-02 4 P 0 10294 3.40 A 140294 D Common Stock 2015-03-02 4 A 0 2058 0 A 142352 D Common Stock 2015-03-02 4 A 0 32000 0 A 174352 D Non-qualified stock option (Right to Buy) 3.4 2015-03-02 4 A 0 48000 0 A 2016-03-01 2025-03-01 Common Stock 48000.0 48000 D The number of securities reported in this row represents the total number of shares purchased by Reporting Person pursuant to the 2015 Officer Stock Ownership Program, a description of which can be found in the current report on Form 8-K filed with the Security Exchange Commission on February 20, 2015. This includes 55,820 unvested restricted stock units. Restricted Stock Unit ("RSU") grant pursuant to the 2015 Officer Stock Ownership Program (the "Program"). Reporting Person received a total of 2,058 RSUs, which is equal to 20% of the total shares purchased under the Program. Subject to the provisions of the 2007 Equity Incentive Plan, the RSU grant will vest on the one year anniversary of the date of grant (the "Vesting Date"), provided the Reporting Person does not assign, transfer, pledge or otherwise dispose of the purchased shares prior to the Vesting Date, and remains a Service Provider to the Company through the Vesting Date. $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 57,878 unvested restricted stock units. Reporting Person received an aggregate of 32,000 restricted stock units. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and restricted stock unit agreements with the Company, one-third (1/3rd) of the restricted stock units will vest on March 1, 2016, and an additional one-twelfth (1/12th) will vest on the first day of each June, September, December, and March thereafter for the next eight (8) quarters, provided Reporting Person continues to be a Service Provider through each such vesting date. This includes 89,878 unvested restricted stock units. Reporting Person received an aggregate of 48,000 stock options. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and stock option agreements with the Company, one-third (1/3rd) of the shares subject to the Stock Options will vest on March 1, 2016 (the "Vesting Commencement Date"), and one-thirty-sixth (1/36th) of the Shares subject to the Stock Option will vest each month thereafter on the same day of the month as the Vesting Commencement Date until all of the Stock Options have vested (three years), provided the Reporting Person continues to be a Service Provider through each such vesting date. Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated October 8, 2013. Daniel R. Boncel /s/ James R. Todd, Attorney-in-Fact 2015-03-04