Nathan F. Raciborski, Co-Founder and CTO, Director at Limelight Networks, Inc. (LLNW), sold 53,850 shares at $6.87 ($378K) on 2011-04-12, disclosed to the SEC on 2011-04-13.
Scheduled sale ($378k) by Co-Founder and CTO, Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.14 | 8,750 | $62K | 16.5% |
| 2 | $6.87 | 25,000 | $172K | 45.5% |
| 3 | $7.14 | 20,000 | $143K | 37.8% |
| 4 | $7.25 | 100 | $725 | 0.2% |
| Total | $7.01 avg | 53,850 | $378K | 100% |
| Filing → |
| LLNW | SELL | 2011-05-04 | $71K | — | Filing → |
| LLNW | SELL | 2011-04-27 | $158K | — | Filing → |
| LLNW | SELL | 2011-04-21 | $421K | — | Filing → |