SEC Form 4 · accession 0001086222-19-000048
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Thomson Leighton
Officer — Chief Executive Officer · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 4:40 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 21, 2019 | A | 12,540 | $0.00 | A | 453,311 | D | |
| Common Stock, par value $.01 per share | Feb 21, 2019 | M | 47,883 | $0.00 | A | 488,654 | D | |
| Common Stock, par value $.01 per shareF2 | holding | — | — | — | 2,533,471 | I | See note |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 21, 2019 | M | 86,396 | D | — | — | Common Stock | 86,396 | 0 | D |
Explanation of responses
- F1Shares issued in payment of Mr. Leighton's earned 2018 short-term incentive plan bonus, net of shares withheld for taxes, in lieu of cash. Shares were issued under the Akamai Technologies, Inc. 2013 Stock Incentive Plan, as amended.
- F2Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
- F3Vesting of such RSUs was dependent on Akamai's achievement of a specified financial performance targets for each of 2016, 2017 and 2018. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 20180 are certified. Amount reported is amount earned.
- F4Not applicable.