Laura Howell - 11 Mar 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
SVP, Chief Accounting Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Issuer symbol
AKAM
Transactions as of
11 Mar 2023
Net transactions value
$0
Form type
4
Filing time
13 Sep 2023, 19:17:01 UTC
Previous filing
08 Mar 2023
Next filing
05 May 2023
SEC
View on sec.gov

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 +1,839 $0.000000 1,839 11 Mar 2023 Common Stock 1,839 $0.000000 Direct F1, F2
transaction AKAM Restricted Stock Units Award $0 +3,845 $0.000000 3,845 12 Sep 2023 Common Stock 3,845 $0.000000 Direct F1, F3
* 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 Represents RSUs issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2023 bonus award. Amount reported is target issuable.
F3 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.