Paul C. Joseph - Mar 1, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP - Global Sales
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 04:08 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 +1.31K +3.13% $0.00 43.3K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -583 -1.35% $0.00 42.7K Mar 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +2.78K +6.51% $0.00 45.5K Mar 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -1.23K -2.71% $0.00 44.3K 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 -1.31K -100% $0.00* 0 Mar 1, 2022 Common Stock 1.31K $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -2.78K -33.33% $0.00 5.56K Mar 1, 2022 Common Stock 2.78K $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 common stock upon vesting.
F2 RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
F3 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.