SEC Form 4 · accession 0001086222-17-000056
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
Feb 11, 2017
Accepted (ET)
Feb 14, 2017 · 9:07 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 | Feb 11, 2017 | M | 4,755 | $0.00 | A | 36,542 | D | |
| Common Stock | Feb 12, 2017 | M | 3,211 | $0.00 | A | 39,753 | 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 11, 2017 | M | 9,496 | D | — | — | Common Stock | 9,496 | 19,444 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | Feb 12, 2017 | M | 6,411 | D | — | — | Common Stock | 6,411 | 6,412 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2Vests in equal 1/3 installments on the first, second and third years of the date of grant.
- F3Not applicable.
- F4Option vests over three years as follows: 33% on each of February 12, 2016, 2017 and 2018.