Home/Filings/4/0001181431-11-044573
4//SEC Filing

HARMAN FREDERIC W 4

Accession 0001181431-11-044573

CIK 0001391127other

Filed

Aug 8, 8:00 PM ET

Accepted

Aug 9, 12:04 PM ET

Size

7.1 KB

Accession

0001181431-11-044573

Insider Transaction Report

Form 4
Period: 2011-08-04
Transactions
  • Award

    Non-qualified stock option (Right to Buy)

    2011-08-04+23,08723,087 total
    Exercise: $4.77Exp: 2021-08-04Common Stock (23,087 underlying)
Footnotes (3)
  • [F1]These stock options were granted to the Reporting Person pursuant to the Issuer's Director Compensation Plan (the "Plan"). Under the terms of the Plan, the Reporting Person was to receive an award of restricted stock units. Equity granted by Issuer to Reporting Person is held by the Reporting Person on behalf of Oak Investment Partners XII, Limited Partnership ("Oak XII, L.P."). The Oak XII, L.P. partnership agreement does not permit receipt of restricted stock units, and accordingly, the Reporting Person was unable to accept a restricted stock unit grant on behalf of Oak XII, L.P. As permitted under the Plan, these stock options have been granted to Reporting Person in lieu of restricted stock units.
  • [F2]The option shall be fully vested and exercisable on the day prior to the Issuer's 2012 annual shareholder meeting (but in no event later than December 31, 2012), subject to Reporting Person's continued services to the Issuer through such date.
  • [F3]$0.00 is used for technical reasons as there is no price for this derivative security until exercised.

Documents

1 file

Issuer

Limelight Networks, Inc.

CIK 0001391127

Entity typeother

Related Parties

1
  • filerCIK 0001183748

Filing Metadata

Form type
4
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 12:04 PM ET
Size
7.1 KB