SEC Form 4 · accession 0001086222-16-000223
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Hughes
Officer — President Worldwide Ops
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 4:06 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 12, 2016 | M | 3,394 | $0.00 | A | 52,996 | 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 12, 2016 | M | 6,410 | D | — | — | Common Stock | 6,410 | 12,823 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
- F3Not applicable.