0001391127-19-000100.txt : 20190604
0001391127-19-000100.hdr.sgml : 20190604
20190604171524
ACCESSION NUMBER: 0001391127-19-000100
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190531
FILED AS OF DATE: 20190604
DATE AS OF CHANGE: 20190604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Malhotra Sajid
CENTRAL INDEX KEY: 0001603828
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33508
FILM NUMBER: 19877625
MAIL ADDRESS:
STREET 1: LIMELIGHT NETWORKS
STREET 2: 222 SOUTH MILL AVENUE, #800
CITY: TEMPE
STATE: AZ
ZIP: 85281
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
4
1
wf-form4_155968290965892.xml
FORM 4
X0306
4
2019-05-31
0
0001391127
Limelight Networks, Inc.
LLNW
0001603828
Malhotra Sajid
C/O LIMELIGHT NETWORKS
222 SOUTH MILL AVENUE, 8TH FLOOR
TEMPE
AZ
85281
0
1
0
0
CFO
Common Stock
2019-05-31
4
A
0
4982
3.08
A
1216256
D
Common Stock
2019-05-31
4
F
0
1444
3.08
D
1214812
D
Common Stock
2019-06-01
4
F
0
10045
3.08
D
1204767
D
Common Stock
21000
I
By: Daughter
Common Stock
21000
I
By: Son
Consists of a stock award in connection with the Company's 2019 Salary-for-Equity program made pursuant to the Company's Amended and Restated 2007 Equity Incentive Plan. Reporting Person elected to participate in this program and receive payment of 50% of his base salary in shares of the Company's common stock. The number of shares issued was determined by (i) dividing 1/12 of Reporting Person's enrolled salary by (ii) the trailing 30-day closing average of the Company's common stock ($3.05 / share), rounded up to the nearest whole share.
This includes 256,614 unvested restricted stock units.
The forfeiture reported in this row represents shares that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the issuance of 4,982 shares pursuant to the Company's 2019 Salary-for-Equity program.
The forfeiture reported in this row represents restricted stock units that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the automatic vesting of 34,667 restricted stock units.
This includes 221,947 unvested restricted stock units.
Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated March 25, 2014.
Sajid Malhotra by /s/ James R. Todd, Attorney-in-Fact
2019-06-04