SEC Form 4 · accession 0001086222-15-000014
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Hughes
Officer — President Worldwide Ops
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 | 8,560 | $0.00 | A | 64,150 | D | |
| Common Stock, par value $.01 per share | Jan 20, 2015 | M | 8,538 | $0.00 | A | 72,688 | 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 | 15,055 | D | — | — | Common Stock | 15,055 | 0 | D |
| Restricted Stock UnitsF1,F4,F3 | $0.00 | Jan 20, 2015 | M | 12,746 | D | — | — | Common Stock | 12,746 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- F2Vesting of such RSUs is dependent on Akamai's achivement of a specified normalized earnings per share target for fiscal year 2012 and certain designated mission critical goals. To the extent such targets are met, the RSUs will vest in two equal 50% installments on the second and third anniversaries of the grant date.
- F3Not applicable.
- F4RSUs vested over three years in equal 1/3 installments on the first, second and third anniversaries of the date of grant.