Sharon Bowen - 03 Jun 2021 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Director
Signature
/s/ Shaan Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
03 Jun 2021
Net transactions value
$0
Form type
4
Filing time
07 Jun 2021, 17:54:36 UTC
Previous filing
18 May 2021
Next filing
16 May 2022
SEC
View on sec.gov

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 Deferred Stock Units Award $0 +1,964 $0.000000 1,964 03 Jun 2021 Common Stock 1,964 $0.000000 Direct F1
transaction AKAM Restricted Stock Units Award $0 +3,491 $0.000000 3,491 03 Jun 2021 Common Stock 3,491 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units represent the right to receive one share of Akamai common stock upon vesting; however, the recipient may elect to defer distribution until a later date.
F2 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F3 RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.