Nathan F. Raciborski, Co-Founder and CTO, Director at Limelight Networks, Inc. (LLNW), sold 98,750 shares at $8.08 ($755K) on 2011-02-16, disclosed to the SEC on 2011-02-16.
Scheduled sale ($755k) 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 | $6.22 | 25,000 | $156K | 20.6% |
| 2 | $6.25 | 1,250 | $8K | 1.0% |
| 3 | $8.36 | 22,500 | $188K | 24.9% |
| 4 | $8.08 | 50,000 | $404K | 53.5% |
| Total | $7.65 avg | 98,750 | $755K | 100% |
| Filing → |
| LLNW | SELL | 2011-05-04 | $71K | — | Filing → |
| LLNW | SELL | 2011-04-27 | $158K | — | Filing → |
| LLNW | SELL | 2011-04-21 | $421K | — | Filing → |