4//SEC Filing
Lyons Bob 4
Accession 0001391127-21-000040
CIK 0001391127other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 5:28 PM ET
Size
8.3 KB
Accession
0001391127-21-000040
Insider Transaction Report
Form 4
Lyons Bob
DirectorCEO
Transactions
- Award
Common Stock
2021-02-16+361,147→ 361,147 total - Award
Non-qualified stock option (Right to Buy)
2021-02-16+541,720→ 541,720 totalExercise: $3.88From: 2022-02-16Exp: 2031-02-16→ Common Stock (541,720 underlying)
Footnotes (4)
- [F1]Reporting Person received an aggregate of 361,147 RSUs. 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 (1/3) of the RSUs will vest on March 1, 2022, and one-twelfth (1/12th) of the RSUs will vest on the first day of each June, September, December, and March thereafter for eight (8) consecutive quarters, provided Executive 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 361,147 unvested restricted stock units.
- [F4]Reporting Person received an aggregate of 541,720 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 (1/3) of the Options will vest on February 16, 2022, and the remaining two-thirds (2/3) will vest on the 16th day of March 2022 and on the same day of each month thereafter until all of the stock options have vested, twenty-four (24) consecutive months, provided Executive continues to be a Service Provider through each suchvesting date.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001843295
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 5:28 PM ET
- Size
- 8.3 KB