Kim Salem-Jackson - Jun 16, 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP, Chief Marketing Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Jun 16, 2023
Transactions value $
-$18,690
Form type
4
Date filed
6/16/2023, 04:10 PM
Previous filing
Mar 17, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +460 +1.37% $0.00 34K Jun 16, 2023 Direct
transaction AKAM Common Stock Tax liability -$18.7K -203 -0.6% $92.07 33.8K Jun 16, 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 -460 -25.01% $0.00 1.38K Jun 16, 2023 Common Stock 460 $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 Akamai 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.