Laura Howell - Mar 1, 2023 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
Mar 1, 2023
Transactions value $
-$18,281
Form type
4
Date filed
3/3/2023, 04:48 PM
Previous filing
Feb 7, 2023
Next filing
Mar 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 +4.3% $0.00 8.46K Mar 1, 2023 Direct
transaction AKAM Common Stock Tax liability -$8.78K -121 -1.43% $72.60 8.34K Mar 1, 2023 Direct
transaction AKAM Common Stock Options Exercise $0 +369 +4.42% $0.00 8.71K Mar 2, 2023 Direct
transaction AKAM Common Stock Tax liability -$9.5K -130 -1.49% $73.05 8.58K Mar 2, 2023 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 -19.99% $0.00 1.4K Mar 1, 2023 Common Stock 349 $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -369 -100% $0.00* 0 Mar 2, 2023 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.