0001391127-19-000159.txt : 20191002
0001391127-19-000159.hdr.sgml : 20191002
20191002162717
ACCESSION NUMBER: 0001391127-19-000159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190930
FILED AS OF DATE: 20191002
DATE AS OF CHANGE: 20191002
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: 191132615
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: 1465 NORTH SCOTTSDALE ROAD
STREET 2: SUITE 400
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85257
BUSINESS PHONE: 602-850-5000
MAIL ADDRESS:
STREET 1: 1465 NORTH SCOTTSDALE ROAD
STREET 2: SUITE 400
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85257
4
1
wf-form4_157004801430855.xml
FORM 4
X0306
4
2019-09-30
0
0001391127
Limelight Networks, Inc.
LLNW
0001603828
Malhotra Sajid
C/O LIMELIGHT NETWORKS
1465 NORTH SCOTTSDALE ROAD, SUITE 400
SCOTTSDALE
AZ
85257
0
1
0
0
CFO
Common Stock
2019-09-30
4
A
0
5089
3.03
A
1262367
D
Common Stock
2019-09-30
4
F
0
1475
3.03
D
1260892
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 ($2.99 / share), rounded up to the nearest whole share.
This includes 195,610 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 5,089 shares pursuant to the Company's 2019 Salary-for-Equity program.
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
2019-10-02