Gordon Michael M 4
4 · Limelight Networks, Inc. · Filed Jun 3, 2009
Insider Transaction Report
Form 4
Gordon Michael M
CSO & Co-Founder
Transactions
- Award
Non-qualified stock option (Right to Buy)
2009-06-01+80,000→ 80,000 totalExercise: $5.03From: 2010-06-01Exp: 2019-06-01→ Common Stock (80,000 underlying) - Award
Common Stock
2009-06-01$5.03/sh+60,000$301,800→ 2,058,525 total
Holdings
- 95,625(indirect: See footnote)
Common Stock
- 95,625(indirect: See footnote)
Common Stock
- 95,625(indirect: See footnote)
Common Stock
- 95,625(indirect: See footnote)
Common Stock
- 95,625(indirect: See footnote)
Common Stock
Footnotes (9)
- [F1]The Reporting Person received an aggregate of 60,000 restricted stock units, which, if eligible, shall vest in three (3) equal annual installments beginning on the third business day following the Company's public announcement of its earnings for the fiscal quarter ending June 30, 2010, and the second and third installments vesting on June 1, 2011 and June 1, 2012, provided the Reporting Person remains with the Company through each such vesting date. All or a portion of the restricted stock units may be eligible based upon the achievement of certain financial performance targets for the twelve-month period ending June 30, 2010. Restricted stock units that do not become eligible are forfeited. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
- [F2]This includes 193,334 unvested restricted stock units.
- [F3]Shares held directly by Buttercup Irrevocable Trust for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities.
- [F4]Shares held directly by Dandelion Irrevocable Trust for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities.
- [F5]Shares held directly by Sunshine Irrevocable Trust for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities.
- [F6]Shares held directly by Tiger Irrevocable Trust for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities.
- [F7]Shares held directly by Tigerlily Irrevocable Trust for which the Reporting Person serves as a Trustee. The Reporting Person disclaims beneficial ownership of these securities.
- [F8]One quarter (1/4th) of the shares subject to the option will vest on June 1, 2010, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter on the first day of each month, provided the Reporting Person remains with the Company through each such vesting date.
- [F9]$0.00 is used for technical reasons as there is no price for this derivative security until exercised.