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

Role
VP, Chief Accounting Officer
Signature
/s/ Thomas M. Lair, by power of attorney
Stock symbol
AKAM
Transactions as of
Dec 1, 2022
Transactions value $
-$20,147
Form type
4
Date filed
12/5/2022, 04:06 PM
Previous filing
Nov 7, 2022
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +349 +4.61% $0.00 7.92K Dec 1, 2022 Direct
transaction AKAM Common Stock Tax liability -$9.77K -103 -1.3% $94.86 7.82K Dec 1, 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +368 +4.71% $0.00 8.19K Dec 2, 2022 Direct
transaction AKAM Common Stock Tax liability -$10.4K -109 -1.33% $95.20 8.08K Dec 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 -16.66% $0.00 1.75K Dec 1, 2022 Common Stock 349 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -368 -49.93% $0.00 369 Dec 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.