SEC Form 4 · accession 0001086222-15-000013
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick M McConnell
Officer — President Prods & Development
Period of report
Jan 20, 2015
Accepted (ET)
Jan 21, 2015 · 4:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | Jan 20, 2015 | M | 1,217 | $0.00 | A | 20,304 | D | |
| Common Stock, par value $.01 per share | Jan 20, 2015 | M | 985 | $0.00 | A | 21,289 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | $0.00 | Jan 20, 2015 | M | 3,011 | D | — | — | Common Stock | 3,011 | 0 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | Jan 20, 2015 | M | 2,550 | D | — | — | Common Stock | 2,550 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2Vesting of such RSUs was dependent on Akamai's achievement of a specified normalized earnings per share target for fiscal year 2012. To the extent such target was met, the RSUs vest in two equal 50% installments on each of January 19, 2014 and 2015.
- F3Not applicable.
- F4Each restricted stock unit ("RSU") represents the right to receive on share of Akamai common stock upon vesting. RSUs vest over three years in three equal 1/3 installments on each of January 19, 2012, 2013 and 2014.