Mani Sundaram - 01 Mar 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan Majmudar, by power of attorney
Issuer symbol
AKAM
Transactions as of
01 Mar 2024
Net transactions value
-$164,605
Form type
4
Filing time
05 Mar 2024, 17:34:30 UTC
Previous filing
23 Feb 2024
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +2,502 +14% $0.000000 20,646 01 Mar 2024 See footnote F1
transaction AKAM Common Stock Tax liability $164,605 -1,484 -7.2% $110.92 19,162 01 Mar 2024 See footnote 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 -2,502 -100% $0.000000* 0 01 Mar 2024 Common Stock 2,502 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
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.