Laura Howell - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
VP, Chief Accounting Officer
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, 16:05:01 UTC
Previous filing
23 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 +177 +3.8% $0.000000 4,881 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -62 -1.3% $0.000000 4,819 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +1,375 +29% $0.000000 6,194 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -434 -7% $0.000000 5,760 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 -177 -100% $0.000000* 0 01 Mar 2022 Common Stock 177 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -1,375 -33% $0.000000 2,794 01 Mar 2022 Common Stock 1,375 $0.000000 Direct F1, F2
* 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.