SEC Form 4 · accession 0001086222-18-000197
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron Ahola
Officer — SVP & General Counsel
Period of report
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 4:10 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 | Sep 1, 2018 | M | 419 | $0.00 | A | 4,711 | D | |
| Common Stock | Sep 1, 2018 | M | 447 | $0.00 | A | 5,158 | 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 | Sep 1, 2018 | M | 595 | D | — | Mar 2, 2020 | Common Stock | 595 | 3,568 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Sep 1, 2018 | M | 634 | D | — | Mar 2, 2019 | Common Stock | 634 | 1,267 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2RSUs vest over three years as follows: 33% on March 1, 2018 with the remaining 67% vesting in equal installments of 8.33% each quarter thereafter.
- F3RSUs vest over three years as follows: 33% on March 1, 2017 with the remaining 67% vesting in equal installments of 8.33% each quarter thereafter.