Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
LLNW > SEC Filings for LLNW > Form 8-K on 11-Jan-2013All Recent SEC Filings

Show all filings for LIMELIGHT NETWORKS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for LIMELIGHT NETWORKS, INC.


11-Jan-2013

Change in Directors or Principal Officers


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

On Tuesday, January 8, 2013, the Compensation Committee (the "Committee") of the Board of Directors of Limelight Networks, Inc. (the "Company") made the following compensation decisions in connection with its annual review of executive officer compensation:

2013 Bonus target for services performed in fiscal 2013 and Salary adjustments.

The Committee approved target annual cash bonus amounts for the Company's named executive officers with respect to services to be performed in fiscal 2013 (which bonuses will be paid in 2014) pursuant to the Master Executive and Management Bonus Plan, a copy of which was furnished with a Current Report on Form 8-K on May 19, 2009. The target bonus amounts for Messrs. Raciborski and Maynard did not increase from the prior year. Each bonus plan participant may earn between zero and 200% of the target bonus depending upon the level of attainment or over-attainment of specified corporate performance goals. The target annual incentive compensation shall be subject to the terms and conditions of the applicable 2013 incentive compensation plan(s) as may be approved by the Committee.

The Committee also approved the 2013 base salary for certain of the Company's named executive officers. Adjustments in base salary consisted of a 4% cost of living increase from the prior year and are effective January 1, 2013.

The 2013 Salary and 2013 annual cash bonus amounts for the Company's named executive officers are summarized below:

       Name                    2013 Salary       2013 Target Annual Incentive
       Douglas S. Lindroth    $     337,459     $                      208,500
       Nathan F. Raciborski   $     331,834     $                      151,000
       Philip C. Maynard      $     281,216     $                      114,500


  Add LLNW to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for LLNW - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2013 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.