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

Role
SVP, Chief Accounting Officer
Signature
/s/ Shaan Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2024
Transactions value $
-$13,643
Form type
4
Date filed
3/5/2024, 05:35 PM
Previous filing
Feb 6, 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 +350 +3.3% $0.00 11K Mar 1, 2024 Direct
transaction AKAM Common Stock Tax liability -$13.6K -123 -1.12% $110.92 10.8K Mar 1, 2024 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 -350 -100% $0.00* 0 Mar 1, 2024 Common Stock 350 $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 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.