SEC Form 4 · accession 0001086222-15-000095
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
May 1, 2015
Accepted (ET)
May 4, 2015 · 4:30 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 | May 1, 2015 | M | 1,778 | $0.00 | A | 26,709 | D | |
| Common Stock, par value $.01 per share | May 1, 2015 | S | 2,243 | $73.95 | D | 24,466 | 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 UnitsF2,F3 | $0.00 | May 1, 2015 | M | 4,692 | D | — | — | Common Stock | 4,692 | 9,385 | D |
Explanation of responses
- F1Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. McConnell on March 11, 2015.
- F2Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. RSUs vest over four years as follows: 25% on November 1, 2012 with the remaining 75% vesting in equal installments of 6.25% each quarter thereafter.
- F3Not applicable.