F. Thomson Leighton - Feb 21, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role: Chief Executive Officer, Director
Signature: /s/ Laura Howell, by power of attorney
Stock symbol: AKAM
Transactions as of: Feb 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/23/2022, 03:06 PM
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	+73K	+36.12%	$0.00	275K	Feb 21, 2022	Direct
transaction	AKAM	Common Stock	Tax liability	$0	-31.3K	-11.38%	$0.00	244K	Feb 21, 2022	Direct
transaction	AKAM	Common Stock	Options Exercise	$0	+16.5K	+6.77%	$0.00	260K	Feb 21, 2022	Direct
transaction	AKAM	Common Stock	Tax liability	$0	-7.33K	-2.81%	$0.00	253K	Feb 21, 2022	Direct
holding	AKAM	Common Stock						108K	Feb 21, 2022	See note	F1
holding	AKAM	Common Stock						1.93M	Feb 21, 2022	See note	F2
holding	AKAM	Common Stock						21K	Feb 21, 2022	See footnote	F3

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	Performance Restricted Stock Units	Options Exercise	$0	-73K	-100%	$0.00^*	0	Feb 21, 2022	Common Stock	73K	$0.00	Direct	F4, F5
transaction	AKAM	TSR Restricted Stock Units	Options Exercise	$0	-16.5K	-100%	$0.00^*	0	Feb 21, 2022	Common Stock	16.5K	$0.00	Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
F2	Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
F3	Held by the David T. Leighton Trust of which F. Thomson Leighton is a trustee. F. Thomson Leighton disclaims beneficial ownership of shares held by such trust.
F4	Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F5	Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2019, 2020 and 2021. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2021 are certified. Amount reported reflects number of RSUs earned.
F6	Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2019, 2020 and 2021. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2021 are certified. Amount reported reflects number of RSUs earned.