Adam Karon - Mar 1, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
COO & GM Edge Technology Group
Signature
/s/ Laura Howell, by power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 04:06 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 +5.25K +15.74% $0.00 38.6K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -2.33K -6.04% $0.00 36.3K Mar 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +5.22K +14.38% $0.00 41.5K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -2.32K -5.58% $0.00 39.2K 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 -5.25K -100% $0.00* 0 Mar 1, 2022 Common Stock 5.25K $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -5.22K -33.33% $0.00 10.4K Mar 1, 2022 Common Stock 5.22K $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 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.