4//SEC Filing
LENTO ROBERT A 4
Accession 0001391127-21-000002
CIK 0001391127other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:19 PM ET
Size
10.9 KB
Accession
0001391127-21-000002
Insider Transaction Report
Form 4
LENTO ROBERT A
Interim-CEO
Transactions
- Exercise/Conversion
Common Stock
2021-01-04$1.78/sh+20,833$37,083→ 1,947,291 total - Sale
Common Stock
2021-01-04$4.20/sh−20,833$87,499→ 1,926,458 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-01-04+20,833→ 62,499 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 (6)
- [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 479,933 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 $4.08 to $4.31. 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]Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
- [F6]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
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:19 PM ET
- Size
- 10.9 KB