SEC Form 4 · accession 0001086222-15-000156
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
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 4:14 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 | Aug 3, 2015 | M | 13,964 | $38.43 | A | 74,710 | D | |
| Common Stock, par value $.01 per share | Aug 3, 2015 | M | 15,683 | $35.42 | A | 90,393 | D | |
| Common Stock, par value $.01 per shareF2 | Aug 3, 2015 | S | 53,018 | $75.71 | D | 37,375 | 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)F2,F3 | $38.43 | Aug 3, 2015 | M | 13,964 | D | — | Feb 11, 2019 | Common Stock | 13,964 | 0 | D |
| Stock option (right to buy)F2,F4 | $35.42 | Aug 3, 2015 | M | 15,683 | D | — | Feb 8, 2020 | Common Stock | 15,683 | 7,843 | D |
Explanation of responses
- F1Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Benson on June 29, 2015.
- F2Weighted average price per share.
- F3Option vests over three years as follows: 33% on each of February 11, 2013, 2014 and 2015.
- F4Vests as follows: 1/3 on each of February 8, 2014, 2015 and 2016.