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

Role
SVP, Chief Accounting Officer
Signature
/s/ Thomas M. Lair, as power of attorney
Issuer symbol
AKAM
Transactions as of
06 Dec 2024
Net transactions value
-$974
Form type
4
Filing time
06 Dec 2024, 17:41:03 UTC
Previous filing
12 Sep 2024
Next filing
12 Dec 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 +33 +0.21% $0.000000 15,647 06 Dec 2024 Direct
transaction AKAM Common Stock Tax liability $974 -10 -0.06% $97.40 15,637 06 Dec 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 -20% $0.000000 132 06 Dec 2024 Common Stock 33 $0.000000 Direct F1, F2, F3
* 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.
F3 This Form 4 updates and corrects the number of derivative securities beneficially owned following the reported transaction, which amount was underreported by 134 shares in Column 9 of Table II in prior Form 4s filed with the Securities and Exchange Commission on each of December 8, 2023, March 6, 2024, June 6, 2024 and September 6, 2024.