4//SEC Filing
MAYNARD PHILIP 4
Accession 0001181431-11-049523
CIK 0001391127other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 1:30 PM ET
Size
6.0 KB
Accession
0001181431-11-049523
Insider Transaction Report
Form 4
MAYNARD PHILIP
SVP, Chief Legal Officer & Sec
Transactions
- Award
Common Stock
2011-09-14−144,000→ 329,658 total
Footnotes (4)
- [F1]The Reporting Person received an aggregate of 144,000 restricted stock units. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and restricted stock unit agreements with the Company, 100% of the restricted stock units subject to the grant shall vest on December 31, 2012, provided the Reporting Person remains a Service Provider to the Company through the vesting date. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]Notwithstanding any provision to the contrary in the employment agreement between the Reporting Person and the Company, in the event of a Change of Control, one hundred percent (100%) of this grant shall vest on the earlier of (i) ninety (90) days following a Change of Control, provided that the Reporting Person remains a Service Provider on such date, and (ii) termination of the employment of the Reporting Person without Cause in connection with a Change of Control (as such terms are defined in the grant agreement).
- [F3]$0.00 is used for technical reasons as there is no price for this derivative security until it vests.
- [F4]This includes 190,875 unvested restricted stock units.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001090094
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 1:30 PM ET
- Size
- 6.0 KB