0001391127-17-000031.txt : 20170215
0001391127-17-000031.hdr.sgml : 20170215
20170215162412
ACCESSION NUMBER: 0001391127-17-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170213
FILED AS OF DATE: 20170215
DATE AS OF CHANGE: 20170215
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: PETERSCHMIDT DAVID
CENTRAL INDEX KEY: 0001256325
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33508
FILM NUMBER: 17614920
MAIL ADDRESS:
STREET 1: 303 VELOCITY WAY
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
4
1
wf-form4_148719383952917.xml
FORM 4
X0306
4
2017-02-13
0
0001391127
Limelight Networks, Inc.
LLNW
0001256325
PETERSCHMIDT DAVID
C/O LIMELIGHT NETWORKS, INC.
222 SOUTH MILL AVENUE, 8TH FLOOR
TEMPE
AZ
85281
1
0
0
0
Common Stock
2017-02-13
4
M
0
44800
2.09
A
205926
D
Common Stock
2017-02-13
4
S
0
44800
2.44
D
161126
D
Common Stock
2017-02-13
4
M
0
7700
2.09
A
168826
D
Employee Stock Option (Right to Buy)
2.09
2017-02-13
4
M
0
44800
0
A
2017-02-27
Common Stock
44800.0
7700
D
Employee Stock Option (Right to Buy)
2.09
2017-02-13
4
M
0
7700
0
A
2017-02-27
Common Stock
7700.0
0
D
Exercise of reporting person's stock options that would otherwise expire February 27, 2017 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
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 $2.40 to $2.48. 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.
A portion of the proceeds from the sale of 44,800 shares was used to cover the exercise price, fees, and commissions. The reporting person elected to use the remainder of the proceeds to purchase 7,700 shares.
All such options have fully vested.
Executed pursuant to the Limited Power of Attorney for Section 16 Reporting Obligations dated June 17, 2009.
David Peterschmidt by: /s/ James R. Todd, Attorney-in-Fact
2017-02-15