Paul C. Joseph - Mar 7, 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP - Global Sales
Signature
/s/ Thomas M. Lair, as power of attorney
Stock symbol
AKAM
Transactions as of
Mar 7, 2024
Transactions value $
-$177,578
Form type
4
Date filed
3/8/2024, 04:31 PM
Previous filing
Mar 6, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +3.33K +9.04% $0.00 40.2K Mar 7, 2024 See footnote F1
transaction AKAM Common Stock Tax liability -$178K -1.61K -4.01% $110.16 38.6K Mar 7, 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 -3.33K -49.99% $0.00 3.33K Mar 7, 2024 Common Stock 3.33K $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 over three years in equal installments on the first, second and third anniversaries of the grant date.