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

Role
VP, Chief Accounting Officer
Signature
/s/ Vivian Coates, by power of attorney
Stock symbol
AKAM
Transactions as of
Sep 1, 2022
Transactions value $
-$19,132
Form type
4
Date filed
9/6/2022, 04:15 PM
Previous filing
Aug 1, 2022
Next filing
Nov 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +350 +5.06% $0.00 7.27K Sep 1, 2022 Direct
transaction AKAM Common Stock Tax liability -$9.3K -103 -1.42% $90.28 7.17K Sep 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +369 +5.15% $0.00 7.54K Sep 2, 2022 Direct
transaction AKAM Common Stock Tax liability -$9.83K -109 -1.45% $90.21 7.43K Sep 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 -350 -14.31% $0.00 2.1K Sep 1, 2022 Common Stock 350 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -369 -33.36% $0.00 737 Sep 2, 2022 Common Stock 369 $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.