SEC Form 4 · accession 0001391127-17-000083
Limelight Networks, Inc. · LLNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sajid Malhotra
Officer — CFO
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 2:00 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 | May 15, 2017 | A | 7,886 | $2.05 | A | 1,281,518 | D | |
| Common StockF3 | holding | — | — | — | 10,000 | I | By: Daughter | |
| Common StockF3 | holding | — | — | — | 10,000 | I | By: Son |
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 November 15, 2016 through May 15, 2017. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on November 15, 2016. This transaction is exempt under Rule 16b-3(c).
- F2This includes 458,460 unvested restricted stock units.
- F3Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities.
Remarks
Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated March 25, 2014.