Laura Howell - Jun 3, 2021 Form 3 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan K. Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
3
Date filed
6/17/2021, 05:26 PM
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AKAM Common Stock 3.58K Jun 3, 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
holding AKAM Restricted Stock Units Jun 3, 2021 Common Stock 4.17K $0.00 Direct F1, F2
holding AKAM Restricted Stock Units Jun 3, 2021 Common Stock 113 $0.00 Direct F1
holding AKAM Restricted Stock Units Jun 3, 2021 Common Stock 531 $0.00 Direct F1, F2
holding AKAM Restricted Stock Units Jun 3, 2021 Common Stock 2.58K $0.00 Direct F1, F2
holding AKAM Restricted Stock Units Jun 3, 2021 Common Stock 465 $0.00 Direct F1, F2
holding AKAM Performance Restricted Stock Units Jun 3, 2021 Common Stock 10 $0.00 Direct F3
* 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 performance restricted stock unit represents the right to receive one share of common stock upon vesting. Vesting is subject to the company's achievement of a revenue goal for 2021.