Kim Salem-Jackson - Sep 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
Sep 16, 2023
Transactions value $
-$21,527
Form type
4
Date filed
9/18/2023, 04:18 PM
Previous filing
Jun 16, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +459 +1.36% $0.00 34.2K Sep 16, 2023 Direct
transaction AKAM Common Stock Tax liability -$21.5K -206 -0.6% $104.50 34K Sep 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 -459 -33.28% $0.00 920 Sep 16, 2023 Common Stock 459 $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.