SEC Form 4 · accession 0001391127-19-000004
Limelight Networks, Inc. · LLNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Marth
Officer — SVP Sales
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 5:34 pm EST
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,F3 | Jan 1, 2019 | A | 200,000 | $0.00 | A | 200,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting Person received an aggregate of 200,000 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.
- F3This includes 200,000 unvested restricted stock units.
Remarks
Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated December 11, 2018.