SEC Form 4 · accession 0001086222-16-000321
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederic V Salerno
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 2, 2016 · 4:21 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 | Jun 1, 2016 | M | 4,580 | $0.00 | A | 49,349 | D | |
| Common Stock, par value $.01 per share | Jun 1, 2016 | M | 4,624 | $0.00 | A | 53,973 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | $0.00 | Jun 1, 2016 | M | 4,580 | D | — | — | Common Stock | 4,580 | 0 | D |
| Deferred Stock UnitsF3,F2 | $0.00 | Jun 1, 2016 | M | 4,624 | D | May 14, 2015 | — | Common Stock | 4,624 | 0 | D |
Explanation of responses
- F1Each Deferred Stock Unit ("DSU") represents the right to receive one share of common stock upon vesting. DSUs vested in full on May 13, 2013; however, distribution was deferred by Mr. Salerno until June 1, 2016.
- F2Not applicable.
- F3Each DSU represents the right to receive one share of common stock upon vesting. DSUs vested in full on May 14, 2015; however, distribution was deferred by Mr. Salerno until June 1, 2016.