Laura Howell - Jun 1, 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
VP, Chief Accounting Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Jun 1, 2023
Transactions value $
-$9,580
Form type
4
Date filed
6/2/2023, 04:13 PM
Previous filing
May 5, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +349 +3.65% $0.00 9.92K Jun 1, 2023 Direct
transaction AKAM Common Stock Tax liability -$9.58K -104 -1.05% $92.12 9.82K Jun 1, 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 -24.98% $0.00 1.05K Jun 1, 2023 Common Stock 349 $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.