Laura Howell - 11 Mar 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
SVP, Chief Accounting Officer
Signature
/s/ Shaan K. Majmudar, as power of attorney
Issuer symbol
AKAM
Transactions as of
11 Mar 2024
Net transactions value
-$59,940
Form type
4
Filing time
11 Mar 2024, 17:03:05 UTC
Previous filing
08 Mar 2024
Next filing
06 May 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 +1,839 +14% $0.000000 14,991 11 Mar 2024 Direct
transaction AKAM Common Stock Tax liability $59,940 -540 -3.6% $111.00 14,451 11 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 -1,839 -100% $0.000000* 0 11 Mar 2024 Common Stock 1,839 $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 Represents RSUs issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2023 bonus award.