4//SEC Filing
DiSanto Michael 4
Accession 0001391127-20-000255
CIK 0001391127other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 5:02 PM ET
Size
8.3 KB
Accession
0001391127-20-000255
Insider Transaction Report
Form 4
DiSanto Michael
Chief Admin. & Legal Officer
Transactions
- Award
Common Stock
2020-11-07+49,170→ 842,001 total - Award
Non-qualified stock option (Right to Buy)
2020-11-09+97,820→ 97,820 totalExercise: $3.93From: 2021-12-01Exp: 2030-11-09→ Common Stock (97,820 underlying)
Footnotes (4)
- [F1]The Reporting Person received an aggregate of 49,170 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, 2021, 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 175,729 unvested restricted stock units.
- [F4]Reporting Person received an aggregate of 97,820 stock options. Subject to the provisions of the Amended and Restated 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 option will vest on December 1, 2021, and one-thirty-sixth (1/36th) of the stock options will vest on the 1st day of January 2022 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 0001638473
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 5:02 PM ET
- Size
- 8.3 KB