Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Lunsford Jeffrey W
   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
__X__ Officer (give title below) _____ Other (specify below)
President, CEO and Chairman
(Last)
(First)
(Middle)
C/O LIMELIGHT NETWORKS, INC.,, 2220 W. 14TH STREET		 3. Date of Earliest Transaction (Month/Day/Year)
08/20/2007
(Street)

TEMPE, AZ 85281		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               1,500,000 (1) D  
Common Stock 08/20/2007   P   200 A $ 7.52 1,500,200 D  
Common Stock 08/20/2007   P   600 A $ 7.53 1,500,800 D  
Common Stock 08/20/2007   P   1,400 A $ 7.54 1,502,200 D  
Common Stock 08/20/2007   P   1,200 A $ 7.55 1,503,400 D  
Common Stock 08/20/2007   P   100 A $ 7.56 1,503,500 D  
Common Stock 08/20/2007   P   2,076 A $ 7.57 1,505,576 D  
Common Stock 08/20/2007   P   1,300 A $ 7.58 1,506,876 D  
Common Stock 08/20/2007   P   2,800 A $ 7.59 1,509,676 D  
Common Stock 08/20/2007   P   3,574 A $ 7.6 1,513,250 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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) $ 6.53               (2) 11/20/2016 Common Stock 750,000   750,000 D  
Employee Stock Option (Right to Buy) $ 13.2               (3) 11/20/2016 Common Stock 750,000   750,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lunsford Jeffrey W
C/O LIMELIGHT NETWORKS, INC.,
2220 W. 14TH STREET
TEMPE, AZ 85281		   X     President, CEO and Chairman  

Signatures

 /s/ Jeffrey W. Lunsford   08/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) All shares vest 12.5% on the vesting commencement date of 10/20/2006, 12.5% on 120th day following the vesting commencement date, and 1/48th of the total number of shares monthly thereafter.
(2) All shares vest 1/4th on the one year anniversary of the vesting commencement date of 11/20/2006 and 1/48th of the total number of shares monthly thereafter.
(3) All shares vest 1/48th on the two year anniversary of the vesting commencement date of 11/20/2006 and 1/48th of the total number of shares monthly thereafter.

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