SEC Form 4 · accession 0001086222-19-000026
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Benson
Officer — Chief Financial Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 11, 2019 · 4:53 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 | 4,014 | $0.00 | A | 35,779 | D | |
| Common Stock | Feb 9, 2019 | M | 3,980 | $0.00 | A | 39,759 | D | |
| Common Stock | Feb 11, 2019 | M | 4,001 | $0.00 | A | 43,760 | 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 | Feb 8, 2019 | M | 5,760 | D | — | Feb 10, 2020 | Common Stock | 5,760 | 11,522 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Feb 9, 2019 | M | 5,638 | D | — | Feb 11, 2020 | Common Stock | 5,638 | 5,639 | D |
| Restricted Stock UnitsF4 | $0.00 | Feb 11, 2019 | M | 6,241 | D | — | Feb 12, 2019 | Common Stock | 6,241 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2Vests as follows: 1/3 on each of February 8, 2019, 2020 and 2021.
- 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.