0001391127-20-000117.txt : 20200603 0001391127-20-000117.hdr.sgml : 20200603 20200603191534 ACCESSION NUMBER: 0001391127-20-000117 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200601 FILED AS OF DATE: 20200603 DATE AS OF CHANGE: 20200603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cross Christine CENTRAL INDEX KEY: 0001813900 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33508 FILM NUMBER: 20941511 MAIL ADDRESS: STREET 1: LIMELIGHT NETWORKS, 1465 N SCOTTSDALE RD STREET 2: SUITE 400 CITY: SCOTTSDALE STATE: AZ ZIP: 85257 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_159122611425570.xml FORM 4 X0306 4 2020-06-01 0 0001391127 Limelight Networks, Inc. LLNW 0001813900 Cross Christine C/O LIMELIGHT NETWORKS, INC. 1465 NORTH SCOTTSDALE ROAD, SUITE 400 SCOTTSDALE AZ 85257 0 1 0 0 Chief Marketing Officer Common Stock 2020-06-01 4 A 0 72721 0 A 72721 D Non-qualified stock option (Right to Buy) 5.1 2020-06-01 4 A 0 72721 0 A 2021-06-01 2030-06-01 Common Stock 72721.0 72721 D Reporting Person received an aggregate of 72,721 RSUs. 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 quarter (1/4th) of the RSUs will vest on the first day of March, June, September, or December following the one (1) year anniversary of the Effective Date, and an additional one quarter (1/4th) will vest on the annual anniversary of the first vesting date for three (3) additional years, provided the Reporting Person continues to be a Service Provider through the 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 72,721 unvested restricted stock units. Reporting Person received an aggregate of 72,721 stock options. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and stock optionagreements with the Company, one-quarter (1/4th) of the shares subject to the Stock Option will vest on June 1, 2021, (the "Vesting Commencement Date"), and one-thirty-sixth (1/36th) of the shares subject to the Stock Option will vest on the 1st day of July, 2021, and on the 1st day of each month thereafter until all of the Stock Options have vested (three years), provided the Reporting Person 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 May 29, 2020. Christine Cross by: James R. Todd, Attorney-In-Fact 2020-06-03