Filing Details

Accession Number:
0001086222-23-000112
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-08 18:52:08
Reporting Period:
2023-03-06
Accepted Time:
2023-03-08 18:52:08
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
1718588 Aaron Ahola C/O Akamai Technologies, Inc.
145 Broadway
Cambridge MA 02142
Evp & 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 Acquisiton 2023-03-07 2,737 $0.00 22,492 No 4 M Direct
Common Stock Disposition 2023-03-07 1,223 $74.94 21,269 No 4 F Direct
Common Stock Disposition 2023-03-08 3,471 $74.76 17,798 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
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 2023-03-06 16,946 $0.00 16,946 $0.00
Common Stock Performance Restricted Stock Units Acquisiton 2023-03-06 10,168 $0.00 10,168 $0.00
Common Stock TSR Restricted Stock Units Acquisiton 2023-03-06 6,778 $0.00 6,778 $0.00
Common Stock Restricted Stock Units Disposition 2023-03-07 2,737 $0.00 2,737 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,946 2026-03-07 No 4 A Direct
10,168 2026-03-07 No 4 A Direct
6,778 2026-03-07 No 4 A Direct
5,476 2025-03-08 No 4 M Direct
Footnotes
  1. Sale was made pursuant to a Rule 10b5-1 trading plan.
  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 in equal installments on the first, second and third anniversaries of the grant date.
  4. Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2023, 2024 and 2025. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2025 are certified. Amount reported is target 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 2023, 2024 and 2025. 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 2025 are certified. Amount reported is target issuable.