0001391127-20-000107.txt : 20200603 0001391127-20-000107.hdr.sgml : 20200603 20200603190428 ACCESSION NUMBER: 0001391127-20-000107 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200601 FILED AS OF DATE: 20200603 DATE AS OF CHANGE: 20200603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LENTO ROBERT A CENTRAL INDEX KEY: 0001184869 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33508 FILM NUMBER: 20941456 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Limelight Networks, Inc. CENTRAL INDEX KEY: 0001391127 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 201677033 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1465 NORTH SCOTTSDALE ROAD STREET 2: SUITE 400 CITY: SCOTTSDALE STATE: AZ ZIP: 85257 BUSINESS PHONE: 602-850-5000 MAIL ADDRESS: STREET 1: 1465 NORTH SCOTTSDALE ROAD STREET 2: SUITE 400 CITY: SCOTTSDALE STATE: AZ ZIP: 85257 4 1 wf-form4_159122544884069.xml FORM 4 X0306 4 2020-06-01 0 0001391127 Limelight Networks, Inc. LLNW 0001184869 LENTO ROBERT A C/O LIMELIGHT NETWORKS, INC. 1465 NORTH SCOTTSDALE ROAD, SUITE 400 SCOTTSDALE AZ 85257 1 1 0 0 CEO Common Stock 2020-06-01 4 M 0 20833 1.78 A 1955998 D Common Stock 2020-06-01 4 S 0 20833 5.03 D 1935165 D Common Stock 2020-06-01 4 F 0 12692 5.10 D 1922473 D Common Stock 10064 I By: Daughter Common Stock 34109 I By: Son Employee Stock Option (Right to Buy) 1.78 2020-06-01 4 M 0 20833 0 A 2022-11-13 Common Stock 20833.0 208330 D Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on January 31, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire November 13, 2022 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order. This includes 498,190 unvested restricted stock units. Shares sold pursuant to 10b5-1 plan adopted on January 31, 2020. Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $4.90 to $5.14. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price. The 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 45,571 restricted stock units. This includes 452,619 unvested restricted stock units. Shares held directly by Reporting Person's adult children. The Reporting Person disclaims beneficial ownership of these securities. All such options were fully vested. Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated November 26, 2012. Robert A. Lento by: James R. Todd, Attorney-In-Fact 2020-06-03