0001391127-19-000176.txt : 20191114
0001391127-19-000176.hdr.sgml : 20191114
20191114153605
ACCESSION NUMBER: 0001391127-19-000176
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191112
FILED AS OF DATE: 20191114
DATE AS OF CHANGE: 20191114
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: 191219563
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_157376374896997.xml
FORM 4
X0306
4
2019-11-12
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
2019-11-12
4
A
0
100000
0
A
1360892
D
Common Stock
21000
I
By: Daughter
Common Stock
21000
I
By: Son
Non-qualified stock option (Right to Buy)
4.55
2019-11-12
4
A
0
198940
0
A
2020-12-01
2029-11-11
Common Stock
198940.0
198940
D
The Reporting Person received an aggregate of 100,000 restricted stock units. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and restricted stock unit agreements with the Company, one-third (1/3rd) of the RSUs will vest on December 1, 2020, and one-twelfth (1/12th) of the RSUs will vest on the first day of each March, June, September, and December thereafter for eight (8) consecutive quarters, provided the recipient continues to be a Service Provider through each such 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 295,610 unvested restricted stock units.
Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
Reporting Person received an aggregate of 198,940 stock options. Subject to the provisions of the Amended and Restated 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 option will vest on December 1, 2020, and one-thirty-sixth (1/36th) of the stock options will vest on the 1st day of January, 2021 and on the 1st day of each month thereafter until all of the stock options have vested (three years), provided the recipient 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 March 25, 2014.
Sajid Malhotra by /s/ James R. Todd, Attorney-in-Fact
2019-11-14