SEC Form 4 · accession 0001086222-16-000262
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Thomson Leighton
Officer — Chief Executive Officer · Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 4:07 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 | Mar 3, 2016 | M | 23,347 | $0.00 | A | 159,385 | D | |
| Common Stock, par value $.01 per shareF1 | Feb 3, 2016 | G | 173,889 | $0.00 | D | 0 | I | See note |
| Common Stock, par value $.01 per shareF2 | holding | — | — | — | 2,961,858 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | $0.00 | Mar 3, 2016 | M | 44,094 | D | — | — | Common Stock | 44,094 | 44,094 | D |
Explanation of responses
- F1Held by the F. Thomson Leighton 2012 Qualified Annuity Trust. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
- F2Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
- F3Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F4Vesting of such RSUs is dependent on Akamai's achievement of a specified revenue and operating free cash flow targets for fiscal years 2014 and 2015. To the extent such targets are met, the RSUs vest in two equal 50% installments on each of March 3, 2016 and 2017.
- F5Not applicable.