4//SEC Filing
Raciborski Nathan F 4
Accession 0001181431-12-058196
CIK 0001391127other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 1:03 PM ET
Size
10.0 KB
Accession
0001181431-12-058196
Insider Transaction Report
Form 4
Raciborski Nathan F
DirectorChief Technical Officer
Transactions
- Award
Common Stock
2012-11-08+167,000→ 2,597,984 total - Award
Non-qualified stock option (Right to Buy)
2012-11-08+250,000→ 250,000 totalExercise: $1.80From: 2013-03-01Exp: 2022-11-08→ Common Stock (250,000 underlying)
Holdings
- 1,075,432(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Reporting Person received an aggregate of 167,000 RSUs. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and RSU agreements, a total of 50% of the RSUs subject to the grant shall vest quarterly in 4 equal installments during the first year beginning on March 1, 2013, and then on each of June 1, September 1 and December 1 thereafter; 2) a total of 33% of the RSUs subject to the grant shall vest quarterly in 4 equal installments during the second year beginning on March 1, 2014, and then on each of June 1, September 1 and December 1 thereafter; and 3) a total of 17% of the RSUs subject to the grant shall vest quarterly in 4 equal installments during the third year beginning on March 1, 2015, and then on each of June 1, September 1 and December 1 thereafter, provided Reporting Person remains a Service Provider to the Company through the vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.
- [F2]$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.
- [F3]This includes 343,000 unvested restricted stock units.
- [F4]Shares held by the Raciborski Family Children's Irrevocable Trust dated October 16, 2009 for which the Reporting Person serves as a Trustee.
- [F5]Reporting Person received an aggregate of 250,000 stock options. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and stock option agreements, a total of 50% of the stock options subject to the grant shall vest quarterly in 4 equal installments during the first year beginning on March 1, 2013, and then on each of June 1, September 1 and December 1 thereafter; 2) a total of 33% of the stock options subject to the grant shall vest quarterly in 4 equal installments during the second year beginning on March 1, 2014, and then on each of June 1, September 1 and December 1 thereafter; and 3) a total of 17% of the stock options subject to the grant shall vest quarterly in 4 equal installments during the third year beginning on March 1, 2015, and then on each of June 1, September 1 and December 1 thereafter, provided the Reporting Person remains a Service Provider to the Company through the vesting date.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001393082
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 1:03 PM ET
- Size
- 10.0 KB