Kim Salem-Jackson - 13 Feb 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan K. Majmudar, as power of attorney
Issuer symbol
AKAM
Transactions as of
13 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 18:15:50 UTC
Previous filing
17 Dec 2021
Next filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +336 +2.3% $0.000000 14,974 13 Feb 2022 Direct
transaction AKAM Common Stock Tax liability $0 -117 -0.78% $0.000000 14,857 13 Feb 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +119 +0.8% $0.000000 14,976 14 Feb 2022 Direct
transaction AKAM Common Stock Tax liability $0 -42 -0.28% $0.000000 14,934 14 Feb 2022 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 -20% $0.000000 1,346 13 Feb 2022 Common Stock 336 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -119 -100% $0.000000* 0 14 Feb 2022 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.