SEC Form 4 · accession 0001391127-18-000076
Limelight Networks, Inc. · LLNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sajid Malhotra
Officer — CFO
Period of report
Apr 26, 2018
Accepted (ET)
Apr 27, 2018 · 4:21 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 | Apr 26, 2018 | S | 151,305 | $5.22 | D | 1,139,489 | D | |
| Common StockF3 | holding | — | — | — | 14,000 | I | By: Daughter | |
| Common StockF3 | holding | — | — | — | 14,000 | I | By: Son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of securities reported in this row represents an aggregate number of shares sold on the open market. The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $5.21 to $5.25, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2This includes 307,723 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.