Paul C. Joseph - 07 Mar 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP - Global Sales
Signature
/s/ Thomas M. Lair, as power of attorney
Issuer symbol
AKAM
Transactions as of
07 Mar 2024
Net transactions value
-$177,578
Form type
4
Filing time
08 Mar 2024, 16:31:50 UTC
Previous filing
06 Mar 2024
Next filing
18 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +3,333 +9% $0.000000 40,207 07 Mar 2024 See footnote F1
transaction AKAM Common Stock Tax liability $177,578 -1,612 -4% $110.16 38,595 07 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 -3,333 -50% $0.000000 3,334 07 Mar 2024 Common Stock 3,333 $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 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 over three years in equal installments on the first, second and third anniversaries of the grant date.