SEC Form 4 · accession 0001086222-15-000098
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Sagan
Director
Period of report
May 6, 2015
Accepted (ET)
May 7, 2015 · 2:10 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 6, 2015 | M | 35,000 | $17.41 | A | 69,334 | D | |
| Common Stock, par value $.01 per shareF2 | May 6, 2015 | S | 35,000 | $75.01 | D | 34,334 | D | |
| Common Stock, par value $.01 per shareF3 | holding | — | — | — | 470,558 | I | See note | |
| Common Stock, par value $.01 per shareF4 | holding | — | — | — | 6 | I | See note |
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)F5 | $17.41 | May 6, 2015 | M | 35,000 | D | — | Feb 6, 2016 | Common Stock | 35,000 | 66,038 | D |
Explanation of responses
- F1Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Sagan on September 5, 2014.
- F2Average sale price per share.
- F3Held by the Paul Sagan Revocable Trust. Mr. Sagan disclaims beneficial ownership of shares held by the Paul Sagan Revocable Trust except to the extent of his pecuniary interest therein.
- F4Held in trust on behalf of Mr. Sagan's children.
- F5Options vested in full on February 6, 2013.