4//SEC Filing
PETERSCHMIDT DAVID 4
Accession 0001391127-21-000102
CIK 0001391127other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 6:57 PM ET
Size
9.2 KB
Accession
0001391127-21-000102
Insider Transaction Report
Form 4
PETERSCHMIDT DAVID
Director
Transactions
- Tax Payment
Common Stock
2021-06-02$3.15/sh−9,507$29,947→ 48,256 total - Sale
Common Stock
2021-06-04$3.13/sh−17,655$55,260→ 76,075 total - Award
Common Stock
2021-06-03+45,474→ 93,730 total
Footnotes (6)
- [F1]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 27,162 restricted stock units.
- [F2]The Reporting Person received an aggregate of 45,474 restricted stock units, which, if eligible, shall become fully vested and exercisable on the day prior to the Issuer's 2022 annual shareholder meeting (but in no event later than December 31, 2022), subject to Reporting Person's continued services to the Issuer through such date. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
- [F3]$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.
- [F4]This includes 45,474 unvested restricted stock units.
- [F5]Shares sold pursuant to 10b5-1 plan adopted on February 18, 2020.
- [F6]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 $3.08 to $3.20. 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.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001256325
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 6:57 PM ET
- Size
- 9.2 KB