Laura Howell - 01 Mar 2023 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 Mar 2023
Net transactions value: -$18,281
Form type: 4
Filing time: 03 Mar 2023, 16:48:03 UTC
Previous filing: 07 Feb 2023
Next filing: 08 Mar 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	+4.3%	$0.000000	8,460	01 Mar 2023	Direct
transaction	AKAM	Common Stock	Tax liability	$8,785	-121	-1.4%	$72.60	8,339	01 Mar 2023	Direct
transaction	AKAM	Common Stock	Options Exercise	$0	+369	+4.4%	$0.000000	8,708	02 Mar 2023	Direct
transaction	AKAM	Common Stock	Tax liability	$9,496	-130	-1.5%	$73.05	8,578	02 Mar 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	-20%	$0.000000	1,397	01 Mar 2023	Common Stock	349	$0.000000	Direct	F1, F2
transaction	AKAM	Restricted Stock Units	Options Exercise	$0	-369	-100%	$0.000000^*	0	02 Mar 2023	Common Stock	369	$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.