SEC Form 4 · accession 0001086222-17-000132
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Karon
Officer — EVP & GM Media Division
Period of report
Apr 28, 2017
Accepted (ET)
Apr 28, 2017 · 4:00 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 | Apr 28, 2017 | M | 1,346 | $0.00 | A | 13,129 | 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 | $0.00 | Apr 28, 2017 | M | 2,543 | D | — | Apr 29, 2019 | Common Stock | 2,543 | 5,089 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- F2RSUs vest over three years as follows: 33% on April 28, 2017, with the remaining 67% vesting in equal installments of 8.33% each quarter thereafter.