Kim Salem-Jackson - Feb 13, 2022 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
Feb 13, 2022
Transactions value $
$0
Form type
4
Date filed
2/15/2022, 06:15 PM
Previous filing
Dec 17, 2021
Next filing
Feb 24, 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% $0.00 15K Feb 13, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -117 -0.78% $0.00 14.9K Feb 13, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +119 +0.8% $0.00 15K Feb 14, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -42 -0.28% $0.00 14.9K Feb 14, 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 -19.98% $0.00 1.35K Feb 13, 2022 Common Stock 336 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -119 -100% $0.00* 0 Feb 14, 2022 Common Stock 119 $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.