Marc DeBevoise - 02 Jun 2021 Form 4 Insider Report for Limelight Networks, Inc.

Role
Director
Signature
Marc DeBevoise /s/ James R. Todd, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Jun 2021
Net transactions value
-$18,824
Form type
4
Filing time
04 Jun 2021, 18:51:17 UTC
Previous filing
03 Jun 2021
Next filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Tax liability $18,824 -5,976 -6.2% $3.15* 91,132 02 Jun 2021 Direct F1, F2
transaction EGIO Common Stock Award $0 +45,474 +50% $0.000000 136,606 03 Jun 2021 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 27,162 restricted stock units.
F2 This includes 7,042 unvested restricted stock units.
F3 The Reporting Person received an aggregate of 45,474 restricted stock units, which, if eligible, shall become fully vested and exercisable on the day prior to the Issuer's 2022 annual shareholder meeting (but in no event later than December 31, 2022), subject to Reporting Person's continued services to the Issuer through such date. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
F4 $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.
F5 This includes 52,516 unvested restricted stock units.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated November 8, 2018.