SEC Form 4 · accession 0001086222-15-000077
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
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 5:06 pm EDT
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 | Mar 12, 2015 | M | 5,000 | $26.64 | A | 44,931 | D | |
| Common Stock, par value $.01 per shareF2 | Mar 12, 2015 | S | 15,000 | $70.88 | D | 29,931 | D | |
| Common Stock, par value $.01 per shareF2 | Mar 12, 2015 | S | 5,000 | $70.30 | D | 24,931 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F3 | $26.64 | Mar 12, 2015 | M | 5,000 | D | — | Nov 1, 2018 | Common Stock | 5,000 | 38,964 | D |
Explanation of responses
- F1Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. McConnell on March 11, 2015.
- F2Average sale price per share.
- F3Vests over four years as follows: 25% on November 1, 2012 with the remaining 75% vesting in equal installments of 6.25% each quarter thereafter.