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