Robert Blumofe - 07 Mar 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Mar 2022, 17:49:14 UTC
Prior SEC filing
04 Mar 2022
Next SEC filing
08 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Laura Howell, by power of attorney

Key filing fact

Robert Blumofe filed Form 4 for AKAMAI TECHNOLOGIES INC (AKAM) on 09 Mar 2022.

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.

Change

  • Previous filing in this sequence was filed on 04 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AKAM transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+8,213
Change %
Price
$0.000000
Shares after
8,213
Date
07 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,213
Exercise price
$0.000000
Footnotes
F1, F2
AKAM transaction Derivative

TSR Restricted Stock Units

Award

Transaction value
$0
Shares
+4,106
Change %
Price
$0.000000
Shares after
4,106
Date
07 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,106
Exercise price
$0.000000
Footnotes
F1, F3
AKAM transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
$0
Shares
+8,213
Change %
Price
$0.000000
Shares after
8,213
Date
07 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,213
Exercise price
$0.000000
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

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.

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