DANIEL HESSE - 17 May 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Director
Signature
/s/ Shaan K. Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
17 May 2023
Net transactions value
$0
Form type
4
Filing time
19 May 2023, 16:40:33 UTC
Previous filing
15 May 2023
Next filing
01 Apr 2024
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 +4,737 +62% $0.000000 12,426 17 May 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 Deferred Stock Units Options Exercise $0 -4,737 -100% $0.000000* 0 17 May 2023 Common Stock 4,737 $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 Deferred stock units ("DSUs") represent the right to receive one share of Akamai common stock upon vesting; however, the recipient may elect to defer distribution until a later date.
F2 DSUs vested on May 17, 2018 but distribution was deferred until May 17, 2023.