Paul C. Joseph - Mar 1, 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Shaan Majmudar, by power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2024
Transactions value $
-$192,113
Form type
4
Date filed
3/5/2024, 05:36 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 +2.78K +8.59% $0.00 35.2K Mar 1, 2024 See footnote F1
transaction AKAM Common Stock Tax liability -$192K -1.73K -4.93% $110.92 33.4K 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 -2.78K -100% $0.00* 0 Mar 1, 2024 Common Stock 2.78K $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 PJ Joseph Trust 2020 for which the Reporting Person serves as 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.