Adam Karon - 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
-$373,468
Form type
4
Filing time
05 Mar 2024, 17:35:47 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 +5,219 +13% $0.000000 46,122 01 Mar 2024 Direct
transaction AKAM Common Stock Tax liability $373,468 -3,367 -7.3% $110.92 42,755 01 Mar 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 -5,219 -100% $0.000000* 0 01 Mar 2024 Common Stock 5,219 $0.000000 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 1/3 on each of the first, second and third anniversaries of the date of grant.