Bewsher Doug 4
4 · Limelight Networks, Inc. · Filed May 3, 2019
Insider Transaction Report
Form 4
Bewsher Doug
Director
Transactions
- Tax Payment
Common Stock
2019-05-01$3.06/sh−13,523$41,380→ 72,884 total - Award
Common Stock
2019-05-02+45,692→ 118,576 total
Footnotes (5)
- [F1]The forfeiture reported in this row represents restricted stock units that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the automatic vesting of 27,046 restricted stock units.
- [F2]This includes 23,704 unvested restricted stock units.
- [F3]The Reporting Person received an aggregate of 45,692 restricted stock units, which, if eligible, shall become fully vested and exercisable on the day prior to the Issuer's 2020 annual shareholder meeting (but in no event later than December 31, 2020), subject to Reporting Person's continued services to the Issuer through such date. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
- [F4]$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.
- [F5]This includes 69,369 unvested restricted stock units.