4//SEC Filing
Limelight Networks, Inc. 4
Accession 0001391127-14-000011
CIK 0001391127operating
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 4:50 PM ET
Size
8.4 KB
Accession
0001391127-14-000011
Insider Transaction Report
Form 4
MAYNARD PHILIP
SVP, Chief Legal Officer & Sec
Transactions
- Award
Non-qualified stock option (Right to Buy)
2014-02-18+165,000→ 165,000 totalExercise: $2.34From: 2015-02-18Exp: 2024-02-18→ Common Stock (165,000 underlying) - Award
Common Stock
2014-02-18+110,000→ 513,944 total
Footnotes (4)
- [F1]The Reporting Person received an aggregate of 110,000 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, one-third (1/3rd) of the restricted stock units will vest on March 1, 2015, and an additional one-twelfth (1/12th) will vest on the first day of each June, September, December, and March, and thereafter for the next seven (7) quarters, provided Reporting Person continues to be a Service Provider through each such vesting date.
- [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 193,500 unvested restricted stock units.
- [F4]Reporting Person received an aggregate of 165,000 stock options. Subject to the provisions of the 2007 Equity Incentive Plan and Reporting Person's employment and stock option agreements with the Company, one-third (1/3rd) of the shares subject to the Stock Options will vest on February 18, 2015 (the "Vesting Commencement Date"), and one-thirty-sixth (1/36th) of the Shares subject to the Stock Option will vest each month thereafter on the same day of the month as the Vesting Commencement Date 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.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001391127
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 4:50 PM ET
- Size
- 8.4 KB