SEC Form 4 · accession 0001086222-15-000023
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Benson
Officer — Chief Financial Officer
Period of report
Feb 6, 2015
Accepted (ET)
Feb 6, 2015 · 4:12 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 | Feb 6, 2015 | M | 4,162 | $0.00 | A | 33,520 | D | |
| Common Stock, par value $.01 per share | Feb 6, 2015 | M | 4,973 | $0.00 | A | 38,493 | 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 | Feb 6, 2015 | M | 6,244 | D | — | — | Common Stock | 6,244 | 0 | D |
| Restricted Stock UnitsF1,F4,F3 | $0.00 | Feb 6, 2015 | M | 7,374 | D | — | — | Common Stock | 7,374 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2RSUs vest 1/3 on each of February 6, 2013, 2014 and 2015.
- F3Not applicable.
- F4Vesting of such RSUs is dependent on Akamai's achievement of a specified earnings per share target for fiscal year 2012. To the extent such target is met, the RSUs will vest in two equal 50% installments on each of February 6, 2014 and 2015.