SEC Form 4 · accession 0001086222-19-000027
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 8, 2019
Accepted (ET)
Feb 11, 2019 · 4:54 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, par value $.01 per share | Feb 8, 2019 | A | 4,262 | $0.00 | A | 24,269 | D | |
| Common Stock, par value $.01 per share | Feb 9, 2019 | M | 4,564 | $0.00 | A | 28,833 | D | |
| Common Stock, par value $.01 per share | Feb 11, 2019 | M | 4,299 | $0.00 | A | 33,132 | 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 | 8,320 | D | — | Feb 10, 2020 | Common Stock | 8,320 | 16,643 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Feb 8, 2019 | M | 7,831 | D | — | Feb 11, 2020 | Common Stock | 7,831 | 7,831 | D |
| Restricted Stock UnitsF1,F4,F5 | $0.00 | Feb 11, 2019 | A | 9,497 | D | — | — | Common Stock | 9,497 | 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.
- F4Vests in equal 1/3 installments on the first, second and third years of the date of grant.
- F5Not applicable.