SEC Form 4 · accession 0001086222-19-000050
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Karon
Officer — EVP & GM Media Division
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 4:41 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 21, 2019 | M | 6,750 | $0.00 | A | 22,822 | 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 21, 2019 | M | 11,180 | D | — | Feb 22, 2019 | Common Stock | 11,180 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- F2Vesting 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.