4//SEC Filing
LENTO ROBERT A 4
Accession 0001391127-20-000280
CIK 0001391127other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:53 PM ET
Size
12.7 KB
Accession
0001391127-20-000280
Insider Transaction Report
Form 4
LENTO ROBERT A
Interim-CEO
Transactions
- Sale
Common Stock
2020-12-01$4.45/sh−20,833$92,707→ 2,008,229 total - Tax Payment
Common Stock
2020-12-01$4.33/sh−56,895$246,355→ 1,951,334 total - Exercise/Conversion
Common Stock
2020-12-01$1.78/sh+20,833$37,083→ 2,029,062 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-12-01+20,833→ 83,332 totalExercise: $1.78Exp: 2022-11-13→ Common Stock (20,833 underlying)
Holdings
- 10,064(indirect: By: Daughter)
Common Stock
- 34,109(indirect: By: Son)
Common Stock
Footnotes (8)
- [F1]Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on January 31, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire November 13, 2022 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 612,708 unvested restricted stock units.
- [F3]Shares sold pursuant to 10b5-1 plan adopted on January 31, 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 $4.26 to $4.45. 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]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 132,775 restricted stock units.
- [F6]This includes 479,933 unvested restricted stock units.
- [F7]Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
- [F8]All such options were fully vested.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001184869
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:53 PM ET
- Size
- 12.7 KB