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