FORM 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 5, 2012

 

 

LIMELIGHT NETWORKS, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   001-33508   20-1677033

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification Number)

222 South Mill Avenue, 8th Floor

Tempe, AZ 85281

(Address, including zip code, of principal executive offices)

(602) 850-5000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)    On January 5, 2012, the Compensation Committee of the Board of Directors of Limelight Networks, Inc. (the “Company”) authorized and approved a discretionary payment of annual cash bonuses under the Master Executive and Management Bonus Plan (the “Plan”) to Plan participants, including the Company’s principal executive officer, principal financial officer and other named executive officers. The table below sets forth the bonuses awarded to the Company’s principal executive officer, principal financial officer and other named executive officers:

 

Executive Officer

    2011 Cash
Bonus		  

Jeffrey W. Lunsford

    President, Chief Executive Officer and Chairman

    $ 133,266   

Nathan F. Raciborski

    Co-Founder, Chief Technical Officer and Director

    $ 59,221   

Douglas S. Lindroth

    Senior Vice President, Chief Financial Officer and Treasurer

    $ 52,357   

David M. Hatfield

    Senior Vice President of Worldwide Sales, Marketing and Services

    $ 96,871   

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    LIMELIGHT NETWORKS, INC.
Dated: January 10, 2012     By:       /s/ Philip C. Maynard
     

    Philip C. Maynard

    Senior Vice President, Chief Legal Officer and Secretary