Key facts
- This page summarizes Robert Blumofe's Form 4 filing for AKAMAI TECHNOLOGIES INC (AKAM).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 09 Mar 2022, 17:49.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Award
Additional SEC filing notes
Footnote F1
Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
Footnote F2
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Footnote F3
Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2022, 2023 and 2024. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2024 are certified. Amount reported is target issuable.
Footnote F4
Vesting of such RSUs is dependent on Akamai's achievement of specified financial performance targets for each of 2022, 2023 and 2024. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2024 are certified. Amount reported is target issuable.