SEC Form 4 · accession 0001086222-16-000387
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick M McConnell
Officer — President Prods & Development
Period of report
Oct 26, 2016
Accepted (ET)
Oct 28, 2016 · 4:03 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 | Oct 26, 2016 | M | 10,000 | $26.64 | A | 38,482 | D | |
| Common Stock, par value $.01 per share | Oct 26, 2016 | S | 10,000 | $65.00 | D | 28,482 | D | |
| Common Stock, par value $.01 per share | Oct 28, 2016 | M | 10,000 | $26.64 | A | 38,482 | D | |
| Common Stock, par value $.01 per share | Oct 28, 2016 | S | 10,000 | $70.00 | D | 28,482 | 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 | $26.64 | Oct 26, 2016 | M | 10,000 | D | — | Nov 1, 2018 | Common Stock | 10,000 | 18,964 | D |
| Stock option (right to buy)F2 | $26.64 | Oct 28, 2016 | M | 10,000 | D | — | Nov 1, 2018 | Common Stock | 10,000 | 8,964 | D |
Explanation of responses
- F1Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. McConnell on September 1, 2016.
- F2Vests over four years as follows: 25% on November 1, 2012 with the remaining 75% vesting in equal installments of 6.25% each quarter thereafter.