4//SEC Filing
Armstrong Eric 4
Accession 0001391127-21-000135
CIK 0001391127other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 8:06 PM ET
Size
8.5 KB
Accession
0001391127-21-000135
Insider Transaction Report
Form 4
Armstrong Eric
SVP Growth
Transactions
- Award
Non-qualified stock option (Right to Buy)
2021-08-02+137,112→ 137,112 totalExercise: $2.97From: 2022-08-02Exp: 2031-08-02→ Common Stock (137,112 underlying) - Award
Common Stock
2021-08-02+137,112→ 137,112 total
Footnotes (4)
- [F1]Reporting Person received an aggregate of 137,112 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 quarter (1/4th) of the RSUs will vest on the first day of March, June, September, or December following the one (1) year anniversary of the Effective Date, and an additional one quarter (1/4th) will vest on the annual anniversary of the first vesting date for three (3) additional years, provided the Reporting Person continues to be a Service Provider through the 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 137,112 unvested restricted stock units.
- [F4]Reporting Person received an aggregate of 137,112 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-quarter (1/4th) of the shares subject to the Stock Option will vest on August 2, 2022, (the "Vesting Commencement Date"), and one-thirty-sixth (1/36th) of the shares subject to the Stock Option will vest on the 1st day of September 2021, and on the 1st day of each month thereafter until all of the Stock Options have vested (three years), provided the Reporting Person continues to be a Service Provider through each such vesting date.
Documents
Issuer
Limelight Networks, Inc.
CIK 0001391127
Entity typeother
Related Parties
1- filerCIK 0001876545
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 8:06 PM ET
- Size
- 8.5 KB