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

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Nov 13, 2021
Transactions value $
$0
Form type
4
Date filed
11/16/2021, 05:25 PM
Previous filing
Oct 27, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +187 +1.13% $0.00 16.8K Nov 13, 2021 Direct
transaction AKAM Common Stock Options Exercise $0 +65 +0.39% $0.00 16.9K Nov 13, 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 -337 -16.69% $0.00 1.68K Nov 13, 2021 Common Stock 337 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -118 -49.79% $0.00 119 Nov 14, 2021 Common Stock 118 $0.00 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.