Laura Howell - Mar 6, 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 6, 2023
Transactions value $
-$30,576
Form type
4
Date filed
3/8/2023, 05:53 PM
Previous filing
Mar 3, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +1.26K +14.74% $0.00 9.84K Mar 7, 2023 Direct
transaction AKAM Common Stock Tax liability -$30.6K -408 -4.15% $74.94 9.43K Mar 7, 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 Award $0 +6K $0.00 6K Mar 6, 2023 Common Stock 6K $0.00 Direct F1, F2
transaction AKAM Restricted Stock Units Options Exercise $0 -1.26K -33.32% $0.00 2.53K Mar 7, 2023 Common Stock 1.26K $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.