F. Thomson Leighton - 19 Feb 2025 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role: Chief Executive Officer, Director
Signature: /s/ Thomas M. Lair, as power of attorney
Issuer symbol: AKAM
Transactions as of: 19 Feb 2025
Net transactions value: -$1,650,500
Form type: 4
Filing time: 21 Feb 2025, 17:12:51 UTC
Previous filing: 14 May 2024
Next filing: 25 Feb 2025
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	+4,999	+7.2%	$0.000000	74,563	19 Feb 2025	Direct
transaction	AKAM	Common Stock	Tax liability	$240,156	-2,418	-3.2%	$99.32	72,145	19 Feb 2025	Direct
transaction	AKAM	Common Stock	Options Exercise	$0	+34,400	+48%	$0.000000	106,545	19 Feb 2025	Direct
transaction	AKAM	Common Stock	Tax liability	$1,410,344	-14,200	-13%	$99.32	92,345	19 Feb 2025	Direct
holding	AKAM	Common Stock						108,358	19 Feb 2025	See note	F1
holding	AKAM	Common Stock						2,342,621	19 Feb 2025	See note	F2, F3

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	TSR Restricted Stock Units	Options Exercise	$0	-4,999	-100%	$0.000000	0	19 Feb 2025	Common Stock	4,999	$0.000000	Direct	F4, F5
transaction	AKAM	Performance Restricted Stock Units	Options Exercise	$0	-34,400	-100%	$0.000000	0	19 Feb 2025	Common Stock	34,400	$0.000000	Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
F2	Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which Mr. Leighton serves as a trustee. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
F3	Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13.
F4	Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F5	Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2022, 2023 and 2024. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2024 are certified. Amount reported reflects number of RSUs earned.
F6	Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2022, 2023 and 2024. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2024 are certified. Amount reported reflects number of RSUs earned.