SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Midle Mark J

(Last) (First) (Middle)
C/O GOLDMAN, SACHS & CO.
200 WEST STREET

(Street)
NEW YORK NY 10282

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2015
3. Issuer Name and Ticker or Trading Symbol
Limelight Networks, Inc. [ LLNW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 30,448,257 I See footnotes(1)(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock options (right to buy) (4) (4) Common Stock 340,595 (4) I See footnotes(1)(4)
Explanation of Responses:
1. The Reporting Person is a vice president of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
2. GS Group may be deemed to beneficially own, in the aggregate, 174,864 shares of common stock, par value $0.001 per share (the "Common Stock") of Limelight Networks, Inc. (the "Company"), consisting of 102,879 restricted stock units that were granted to Joseph H. Gleberman, a former advisory director of Goldman Sachs and 71,985 restricted stock units that were granted to Peter J. Perrone, a former managing director of Goldman Sachs, each in their capacity as directors of the Company. Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock.
3. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 900 shares of Common Stock. Goldman Sachs also holds open short positions of 1,440 shares of Common Stock. Goldman Sachs and GS Group may be deemed to beneficially own, in the aggregate, 30,272,493 shares of Common Stock through certain investment partnerships (the "Limited Partnerships") of which affiliates of Goldman Sachs and GS Group are the general partner, managing general partner or managing partner (the "Funds"). Goldman Sachs is the investment manager of certain of the Funds. The securities reported herein as indirectly beneficially owned are beneficially owned directly by the Funds.
4. The exercise prices for the options range from $2.39 to $4.99, with varying expiration dates from June 12, 2018 to June 5, 2024. All of these options are vested. All of these options are exercisable with the exception of the options granted to Mr. Gleberman on June 5, 2014, which will become exercisable on the day prior to the Company's 2015 annual shareholder meeting (but in no event later than December 31, 2015), subject to continued board service through such date. Mr. Gleberman and Mr. Perrone had an understanding with GS Group pursuant to which they held such options for the benefit of GS Group.
Remarks:
/s/ Kevin P. Treanor, Attorney-in-fact 06/08/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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