Laura Howell - 01 Dec 2021 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
VP, Chief Accounting Officer
Signature
/s/ Shaan K. Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Dec 2021, 16:08:36 UTC
Previous filing
02 Nov 2021
Next filing
03 Feb 2022
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 +177 +4.2% $0.000000 4,432 01 Dec 2021 Direct
transaction AKAM Common Stock Tax liability $0 -53 -1.2% $0.000000 4,379 01 Dec 2021 Direct
transaction AKAM Common Stock Options Exercise $0 +368 +8.4% $0.000000 4,747 02 Dec 2021 Direct
transaction AKAM Common Stock Tax liability $0 -109 -2.3% $0.000000 4,638 02 Dec 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 -177 -50% $0.000000 177 01 Dec 2021 Common Stock 177 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -368 -17% $0.000000 1,843 02 Dec 2021 Common Stock 368 $0.000000 Direct F1, F2
* 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.