SEC Form 4 · accession 0001086222-19-000022
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Blumofe
Officer — EVP Platform & GM Enterprise
Period of report
Feb 8, 2019
Accepted (ET)
Feb 11, 2019 · 4:52 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 8, 2019 | M | 4,015 | $0.00 | A | 20,131 | D | |
| Common Stock | Feb 9, 2019 | M | 3,980 | $0.00 | A | 24,111 | D | |
| Common Stock | Feb 11, 2019 | M | 4,001 | $0.00 | A | 28,112 | 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 | $0.00 | Feb 8, 2019 | M | 5,760 | D | — | Feb 9, 2021 | Common Stock | 5,760 | 11,522 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 9, 2019 | M | 5,638 | D | — | Feb 11, 2020 | Common Stock | 5,638 | 5,639 | D |
| Restricted Stock UnitsF2,F4,F5 | $0.00 | Feb 11, 2019 | M | 6,241 | D | — | — | Common Stock | 6,241 | 0 | D |
Explanation of responses
- F1Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2018, 2019 and 2020. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2020 are certified. Amount reported is maximum issuable.
- F2Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F3RSUs vest over three years as follows: 33% on each of February 9, 2018, 2019 and 2020.
- F4RSUs vest over three years as follows: 33% on each of February 11, 2017, 2018 and 2019.
- F5Not applicable.