4//SEC Filing
DiSanto Michael 4
Accession 0001391127-20-000162
CIK 0001391127other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:32 PM ET
Size
9.4 KB
Accession
0001391127-20-000162
Insider Transaction Report
Form 4
DiSanto Michael
Chief Admin. & Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2020-07-09$3.95/sh+59,364$234,488→ 855,438 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-07-09+59,364→ 240,636 totalExercise: $3.95Exp: 2025-05-05→ Common Stock (59,364 underlying) - Sale
Common Stock
2020-07-09$8.02/sh−59,364$476,099→ 796,074 total
Footnotes (5)
- [F1]Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on April 27, 2020. This reflects an exercise of reporting person's stock options of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order.
- [F2]This includes 142,690 unvested restricted stock units.
- [F3]Shares sold pursuant to 10b5-1 plan adopted on April 27, 2020.
- [F4]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 $8.13. 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.
- [F5]All such options were fully vested.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001638473
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 5:32 PM ET
- Size
- 9.4 KB