Mani Sundaram - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan 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, 16:07:26 UTC
Previous filing
24 Feb 2022
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +2,439 +14% $0.000000 19,988 01 Mar 2022 See footnote F1
transaction AKAM Common Stock Tax liability $0 -1,083 -5.4% $0.000000 18,905 01 Mar 2022 See footnote F1
transaction AKAM Common Stock Options Exercise $0 +2,501 +13% $0.000000 21,406 01 Mar 2022 See footnote F1
transaction AKAM Common Stock Tax liability $0 -1,111 -5.2% $0.000000 20,295 01 Mar 2022 See footnote F1

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 -2,439 -100% $0.000000* 0 01 Mar 2022 Common Stock 2,439 $0.000000 Direct F2, F3
transaction AKAM Restricted Stock Units Options Exercise $0 -2,501 -33% $0.000000 5,003 01 Mar 2022 Common Stock 2,501 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
F2 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F3 RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
F4 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.