Laura Howell - Jun 1, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
VP, Chief Accounting Officer
Signature
/s/ Shaan K. Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 04:33 PM
Previous filing
May 3, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +349 +5.63% $0.00 6.54K Jun 1, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -103 -1.57% $0.00 6.44K Jun 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +368 +5.71% $0.00 6.81K Jun 2, 2022 Direct
transaction AKAM Common Stock Tax liability $0 -109 -1.6% $0.00 6.7K Jun 2, 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 -349 -12.49% $0.00 2.45K Jun 1, 2022 Common Stock 349 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -368 -24.97% $0.00 1.11K Jun 2, 2022 Common Stock 368 $0.00 Direct F1, F2
* 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 as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.