Anthony P. Williams - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP and CHRO
Signature
/s/ Shaan K. Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 16:04:12 UTC
Previous filing
24 Feb 2022
Next filing
04 Mar 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 +531 +4.7% $0.000000 11,746 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -182 -1.5% $0.000000 11,564 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +2,084 +18% $0.000000 13,648 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -610 -4.5% $0.000000 13,038 01 Mar 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 -531 -100% $0.000000* 0 01 Mar 2022 Common Stock 531 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -2,084 -33% $0.000000 4,169 01 Mar 2022 Common Stock 2,084 $0.000000 Direct F1, F3
* 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 Akamai 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 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.