Laura Howell - 05 Aug 2021 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan K. Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
05 Aug 2021
Net transactions value
-$6,157
Form type
4
Filing time
08 Aug 2022, 18:35:59 UTC
Previous filing
03 Aug 2021
Next filing
02 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +218 +3.2% $0.000000 6,983 05 Aug 2022 Direct
transaction AKAM Common Stock Tax liability $6,157 -64 -0.92% $96.21 6,919 05 Aug 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 Award $0 +661 $0.000000 661 05 Aug 2021 Common Stock 661 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -218 -33% $0.000000 443 05 Aug 2022 Common Stock 218 $0.000000 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.