Paul C. Joseph - 01 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP - Global Sales
Signature
/s/ Shaan K. 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, 16:08:02 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 +1,313 +3.1% $0.000000 43,290 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -583 -1.3% $0.000000 42,707 01 Mar 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +2,779 +6.5% $0.000000 45,486 01 Mar 2022 Direct
transaction AKAM Common Stock Tax liability $0 -1,234 -2.7% $0.000000 44,252 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 -1,313 -100% $0.000000* 0 01 Mar 2022 Common Stock 1,313 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -2,779 -33% $0.000000 5,559 01 Mar 2022 Common Stock 2,779 $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 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.