Mani Sundaram - Mar 1, 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP and GM Security
Signature
/s/ Shaan Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2024
Transactions value $
-$164,605
Form type
4
Date filed
3/5/2024, 05:34 PM
Previous filing
Feb 23, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +2.5K +13.79% $0.00 20.6K Mar 1, 2024 See footnote F1
transaction AKAM Common Stock Tax liability -$165K -1.48K -7.19% $110.92 19.2K Mar 1, 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 -2.5K -100% $0.00* 0 Mar 1, 2024 Common Stock 2.5K $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 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.