Robert Blumofe - 01 Mar 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Chief Technology Officer
Signature
/s/ Shaan Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
01 Mar 2024
Transactions value $
-$898,529
Form type
4
Filing time
05 Mar 2024, 17:33:57 UTC
Previous filing
23 Feb 2024
Next filing
06 Mar 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 +3.2K +11.22% $0.00 31.7K 01 Mar 2024 Direct
transaction AKAM Common Stock Tax liability -$235K -2.12K -6.68% $110.92 29.6K 01 Mar 2024 Direct
transaction AKAM Common Stock Sale -$664K -6K -20.29% $110.60 23.6K 04 Mar 2024 Direct F1

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 -3.2K -100% $0.00* 0 01 Mar 2024 Common Stock 3.2K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Average sale price per share.
F2 Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F3 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.