4//SEC Filing
PETERSCHMIDT DAVID 4
Accession 0001391127-20-000152
CIK 0001391127other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:48 PM ET
Size
11.3 KB
Accession
0001391127-20-000152
Insider Transaction Report
Form 4
PETERSCHMIDT DAVID
Director
Transactions
- Sale
Common Stock
2020-07-02$8.12/sh−25,599$207,864→ 57,763 total - Exercise/Conversion
Common Stock
2020-07-02$4.10/sh+25,599$104,956→ 83,362 total - Sale
Common Stock
2020-07-02$8.03/sh−35,264$283,170→ 57,763 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-07-02+25,599→ 672 totalExercise: $4.10Exp: 2025-06-04→ Common Stock (25,599 underlying)
Footnotes (6)
- [F1]Shares sold pursuant to 10b5-1 plan adopted on February 18, 2020.
- [F2]Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $8.00 to $8.14. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.
- [F3]This includes 27,162 unvested restricted stock units.
- [F4]Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on February 18, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire June 4, 2025 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
- [F5]Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $8.10 to $8.18. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.
- [F6]All such options were fully vested.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001256325
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:48 PM ET
- Size
- 11.3 KB