Kim Salem-Jackson - 13 May 2021 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Issuer symbol
AKAM
Transactions as of
13 May 2021
Net transactions value
$0
Form type
4
Filing time
17 May 2021, 16:39:42 UTC
Next filing
02 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +220 +1.6% $0.000000 14,160 13 May 2021 Direct
transaction AKAM Common Stock Options Exercise $0 +66 +0.47% $0.000000 14,226 14 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AKAM Restricted Stock Units Options Exercise $0 -336 -12% $0.000000 2,355 13 May 2021 Common Stock 336 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -119 -25% $0.000000 355 13 May 2021 Common Stock 119 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F2 RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.
F3 Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F4 RSUs vest over four years as follows: 25% on the first anniversary of the date of grant, and the remaining 75% vests in equal installments of 6.25% each quarter thereafter.