Anthony P. Williams - Mar 1, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP and CHRO
Signature
/s/ Shaan K. Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 04:04 PM
Previous filing
Feb 24, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +531 +4.73% $0.00 11.7K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -182 -1.55% $0.00 11.6K Mar 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +2.08K +18.02% $0.00 13.6K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -610 -4.47% $0.00 13K Mar 1, 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% $0.00* 0 Mar 1, 2022 Common Stock 531 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -2.08K -33.33% $0.00 4.17K Mar 1, 2022 Common Stock 2.08K $0.00 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.