Sec Form 4 Filing - AMARAL WALTER @ Limelight Networks, Inc. - 2020-05-29

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person AMARAL WALTER 2. Issuer Name and Ticker or Trading Symbol Limelight Networks, Inc. [ LLNW] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O LIMELIGHT NETWORKS, INC., 1465 NORTH SCOTTSDALE ROAD, SUITE 400 3. Date of Earliest Transaction (MM/DD/YY) 05/29/2020 (Street) SCOTTSDALE, AZ85257 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/29/2020 M 20,000 ( 1 ) A $ 4 278,206 ( 2 ) D Common Stock 05/29/2020 S( 3 ) 20,000 ( 1 ) D $ 5.08 258,206 ( 2 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 4 05/29/2020 M 20,000 ( 1 ) ( 4 ) 06/10/2020 Common Stock 20,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other AMARAL WALTER C/O LIMELIGHT NETWORKS, INC. 1465 NORTH SCOTTSDALE ROAD, SUITE 400 SCOTTSDALE, AZ85257 X Signatures Walter Amaral by: /s/ James R. Todd, Attorney-in-Fact 06/02/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Stock option was exercised and shares sold pursuant to 10b5-1 plan adopted on April 29, 2020. This reflects an exercise of reporting person's stock options that would otherwise expire June 10, 2020 of which shares were sold to pay the exercise price, and broker fees and commissions, pursuant to a broker-assisted sell-to-cover order. ( 2 )This includes 45,692 unvested restricted stock units. ( 3 )Shares sold pursuant to 10b5-1 plan adopted on April 29, 2020. ( 4 )All such options were fully vested.

Remarks: Executed pursuant to the Limited Power of Attorney for Section 16 Reporting Obligations dated June 8, 2009.

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 4(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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