Filing Details

Accession Number:
0001086222-17-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-10 16:18:49
Reporting Period:
2017-02-09
Filing Date:
2017-02-10
Accepted Time:
2017-02-10 16:18:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1086222 Akamai Technologies Inc AKAM Services-Business Services, Nec (7389) 043432319
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1266432 Melanie Haratunian C/O Akamai Technologies Inc
150 Broadway
Cambridge MA 02142
Evp And General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.01 Per Share Disposition 2017-02-10 2,164 $63.83 80,785 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2017-02-09 11,276 $0.00 11,276 $0.00
Common Stock Restricted Stock Units Acquisiton 2017-02-09 22,552 $0.00 22,552 $0.00
Common Stock Restricted Stock Units Acquisiton 2017-02-09 11,276 $0.00 11,276 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,276 2020-02-11 No 4 A Direct
22,552 2020-02-12 No 4 A Direct
11,276 2020-02-14 No 4 A Direct
Footnotes
  1. Sale was made pursuant to a Rule 10b5-1 Plan adopted by Ms. Haratunian on August 16, 2016.
  2. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
  3. RSUs vest over three years as follows: 33% on each of February 9, 2018, 2019 and 2020.
  4. Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2017, 2018 and 2019. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2019 are certified. Amount reported is maximum issuable.
  5. 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 2017, 2018 and 2019. 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 2019 are certified. Amount reported is maximum issuable.