Laura Howell - Nov 5, 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Thomas M. Lair, by power of attorney
Stock symbol
AKAM
Transactions as of
Nov 5, 2022
Transactions value $
-$1,430
Form type
4
Date filed
11/7/2022, 04:44 PM
Previous filing
Sep 6, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +55 +0.74% $0.00 7.48K Nov 5, 2022 Direct
transaction AKAM Common Stock Tax liability -$1.43K -17 -0.23% $84.10 7.46K Nov 5, 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 -55 -12.42% $0.00 388 Nov 5, 2022 Common Stock 55 $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.