SEC Form 4 · accession 0001086222-17-000006
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Sagan
Director
Period of report
Dec 9, 2016
Accepted (ET)
Jan 6, 2017 · 4:10 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 shareF1 | Dec 9, 2016 | G | 44,497 | $0.00 | D | 392,729 | I | See note |
| Common Stock, par value $.01 per share | Jan 4, 2017 | M | 18,667 | $32.33 | A | 60,489 | D | |
| Common Stock, par value $.01 per shareF3 | Jan 4, 2017 | S | 18,667 | $67.81 | D | 41,822 | 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)F4 | $32.33 | Jan 4, 2017 | M | 18,667 | D | — | Feb 8, 2018 | Common Stock | 18,667 | 37,333 | D |
Explanation of responses
- F1Held by the Paul Sagan Revocable Trust. Mr. Sagan disclaims beneficial ownership of shares held by the Paul Sagan Revocable Trust except to the extent of his pecuniary interest therein.
- F2Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Sagan on December 9, 2016.
- F3Average sale price per share.
- F4Options vested in full on February 8, 2012.