Kathy Austin - 25 Jan 2022 Form 3 Insider Report for Limelight Networks, Inc.

Role
SVP Chief People Officer
Signature
Kathy Austin by: James R. Todd, Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
25 Jan 2022
Net transactions value
$0
Form type
3
Filing time
08 Feb 2022, 17:30:25 UTC
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EGIO Common Stock 40,000 25 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding EGIO Non-qualified stock option (Right to Buy) 25 Jan 2022 Common Stock 79,870 $3.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person received an aggregate of 40,000 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 June 1, 2022, 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 Reporting Person received an aggregate of 79,870 stock options. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and stock option agreements with the Company, one-quarter (1/4th) of the shares subject to the Stock Option will vest on June 1, 2022, and one-thirty-sixth (1/36th) of the shares subject to the Stock Option will vest on the 1st day of July 2022, and on the 1st day of each month thereafter until all of the Stock Options have vested (three years), provided the Reporting Person continues to be a Service Provider through each such vesting date.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated January 25, 2022.