Adam Karon - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
COO & GM Edge Technology Group
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, 16:06:58 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 +5,252 +16% $0.000000 38,624 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -2,332 -6% $0.000000 36,292 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +5,218 +14% $0.000000 41,510 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -2,317 -5.6% $0.000000 39,193 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 -5,252 -100% $0.000000* 0 01 Mar 2022 Common Stock 5,252 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -5,218 -33% $0.000000 10,437 01 Mar 2022 Common Stock 5,218 $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.