Kim Salem-Jackson - Sep 16, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Sep 16, 2022
Transactions value $
-$12,001
Form type
4
Date filed
9/16/2022, 04:18 PM
Previous filing
Aug 16, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +460 +1.97% $0.00 23.9K Sep 16, 2022 Direct
transaction AKAM Common Stock Tax liability -$12K -136 -0.57% $88.24 23.7K Sep 16, 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 -460 -14.29% $0.00 2.76K Sep 16, 2022 Common Stock 460 $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 Akamai 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.