Laura Howell - 01 Dec 2022 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
VP, Chief Accounting Officer
Signature
/s/ Thomas M. Lair, by power of attorney
Issuer symbol
AKAM
Transactions as of
01 Dec 2022
Net transactions value
-$20,147
Form type
4
Filing time
05 Dec 2022, 16:06:04 UTC
Previous filing
07 Nov 2022
Next filing
08 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +349 +4.6% $0.000000 7,920 01 Dec 2022 Direct
transaction AKAM Common Stock Tax liability $9,771 -103 -1.3% $94.86 7,817 01 Dec 2022 Direct
transaction AKAM Common Stock Options Exercise $0 +368 +4.7% $0.000000 8,185 02 Dec 2022 Direct
transaction AKAM Common Stock Tax liability $10,377 -109 -1.3% $95.20 8,076 02 Dec 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 -17% $0.000000 1,746 01 Dec 2022 Common Stock 349 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -368 -50% $0.000000 369 02 Dec 2022 Common Stock 368 $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.