4//SEC Filing
Silverman Kurt 4
Accession 0001391127-19-000174
CIK 0001391127other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 3:29 PM ET
Size
8.4 KB
Accession
0001391127-19-000174
Insider Transaction Report
Form 4
Silverman Kurt
Senior Vice President-Dev.
Transactions
- Award
Common Stock
2019-11-12+70,000→ 801,585 total - Award
Non-qualified stock option (Right to Buy)
2019-11-12+139,260→ 139,260 totalExercise: $4.55From: 2020-12-01Exp: 2029-11-11→ Common Stock (139,260 underlying)
Footnotes (4)
- [F1]The Reporting Person received an aggregate of 70,000 restricted stock units. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and restricted stock unit agreements with the Company, one-third (1/3rd) of the RSUs will vest on December 1, 2020, and one-twelfth (1/12th) of the RSUs will vest on the first day of each March, June, September, and December thereafter for eight (8) consecutive quarters, provided the recipient 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 201,978 unvested restricted stock units.
- [F4]Reporting Person received an aggregate of 139,260 stock options. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and stock optionagreements with the Company, one-third (1/3rd) of the shares subject to the stock option will vest on December 1, 2020, and one-thirty-sixth (1/36th) of the stock options will vest on the 1st day of January, 2021 and on the 1st day of each month thereafter until all of the stock options have vested (three years), provided the recipient continues to be a Service Provider through each such vesting date.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001591416
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 3:29 PM ET
- Size
- 8.4 KB