SEC Form 4 · accession 0001391127-15-000073
Limelight Networks, Inc. · LLNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Vonderhaar
Officer — Chief Sales Officer
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 3:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001391127
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 1, 2015 | A | 3,750 | $2.227 | A | 456,054 | D | |
| Common StockF4 | Jun 1, 2015 | F | 7,455 | $4.30 | D | 448,599 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Purchased pursuant to the Limelight Networks, Inc. Employee Stock Purchase Plan ("ESPP") on transaction date for purchase period of December 1, 2014 through June 1, 2015. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on December 1, 2014. This transaction is exempt under Rule 16b-3(c).
- F2This includes 289,060 unvested restricted stock units.
- F3The 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 24,162 restricted stock units.
- F4This includes 264,898 unvested restricted stock units.
Remarks
Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated February 7, 2013.