Sharon Bowen - 03 Jun 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Director
Signature
/s/ Shaan Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
03 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 16:31:32 UTC
Previous filing
17 May 2022
Next filing
15 May 2023
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 +1,964 $0.000000 1,964 03 Jun 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +1,163 +59% $0.000000 3,127 03 Jun 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 Deferred Stock Units Options Exercise $0 -1,964 -100% $0.000000* 0 03 Jun 2022 Common Stock 1,964 $0.000000 Direct F1
transaction AKAM Restricted Stock Units Options Exercise $0 -1,163 -33% $0.000000 2,328 03 Jun 2022 Common Stock 1,163 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units represent the right to receive one share of Akamai common stock upon vesting; however, the recipient may elect to defer distribution until a later date.
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.