Edward J. McGowan - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Chief Financial Officer
Signature
/s/ Laura Howell, 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, 16:06:36 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 +4,127 +15% $0.000000 31,985 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -1,833 -5.7% $0.000000 30,152 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +4,168 +14% $0.000000 34,320 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -1,851 -5.4% $0.000000 32,469 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 -4,127 -100% $0.000000* 0 01 Mar 2022 Common Stock 4,127 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -4,168 -33% $0.000000 8,339 01 Mar 2022 Common Stock 4,168 $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 RSU vests over three years as follows: 1/3 on each of March 1, 2020, 2021 and 2022.
F3 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.