Laura Howell - 06 Jun 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Signature
/s/ Thomas M. Lair, as power of attorney
Issuer symbol
AKAM
Transactions as of
06 Jun 2024
Net transactions value
-$907
Form type
4
Filing time
06 Jun 2024, 16:38:51 UTC
Previous filing
06 May 2024
Next filing
05 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +33 +0.23% $0.000000 14,610 06 Jun 2024 Direct
transaction AKAM Common Stock Tax liability $907 -10 -0.07% $90.74 14,600 06 Jun 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 -33 -34% $0.000000 64 06 Jun 2024 Common Stock 33 $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 common stock upon vesting.
F2 RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.