Kim Salem-Jackson - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Issuer symbol
AKAM
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 16:05:22 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 +707 +3.8% $0.000000 19,527 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -208 -1.1% $0.000000 19,319 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +1,667 +8.6% $0.000000 20,986 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -490 -2.3% $0.000000 20,496 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 -707 -100% $0.000000* 0 01 Mar 2022 Common Stock 707 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -1,667 -33% $0.000000 3,336 01 Mar 2022 Common Stock 1,667 $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 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.