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

On July 3, 2012, Limelight Networks, Inc. (the "Company") issued a press release announcing a major milestone in its strategic partnership with Gaikai Inc. In recognition of this major milestone, on July 13, 2012, the Compensation Committee (the "Committee") of the Company approved a supplemental allocation of $500,000 to the 2012 Management Bonus Plan (the "Plan"). This amount will be added to the total bonus amount calculated under the Plan and will be paid in 2013 to Plan participants, including the Company's named executive officers. Assuming the target level of performance under the Plan is achieved, this supplemental allocation would constitute an approximately 16 percent increase in the bonus pool, and correlatively each Plan participant's target bonus amount. Also on July 13, 2012, the Committee approved special recognition cash bonuses to individuals who were instrumental in the establishment, maintenance and success of the Gaikai transaction and relationship, including $95,000 to Jeff Lunsford, $20,000 to Nathan Raciborski, $17,500 to Douglas Lindroth and $17,500 to Philip Maynard, each a named executive officer of the Company. Both of these arrangements are subject to the closing of Sony's acquisition of Gaikai Inc.

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