4//SEC Filing
Lyons Bob 4
Accession 0001391127-21-000131
CIK 0001391127other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 8:01 PM ET
Size
7.0 KB
Accession
0001391127-21-000131
Insider Transaction Report
Form 4
Lyons Bob
DirectorCEO
Transactions
- Award
Common Stock
2021-08-02$2.97/sh+80,071$237,811→ 441,218 total - Tax Payment
Common Stock
2021-08-02$2.97/sh−19,498$57,909→ 421,720 total
Footnotes (3)
- [F1]Pursuant to reporting person's employment agreement, he was to receive $225,000 of his cash signing bonus on the six-month anniversary of his employment with the Company. Reporting person desired to convey confidence in the Company's ability to execute against its plans and requested that the signing bonus due to him be converted into Company stock. On July 31, 2021, the Compensation Committee approved entry into an amendment to the reporting person's employment agreement converting the signing bonus into 80,071 immediately-vested RSUs.
- [F2]This includes 361,147 unvested restricted stock units.
- [F3]The forfeiture reported in this row represents shares that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the issuance of 80,071 shares.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001843295
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 8:01 PM ET
- Size
- 7.0 KB