SEC Form 4/A · accession 0001086222-19-000058
AKAMAI TECHNOLOGIES INC · AKAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Rick M McConnell
Officer — President Prods & Development
Period of report
Feb 21, 2019
Accepted (ET)
Feb 26, 2019 · 4:36 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 shareF1 | Feb 21, 2019 | M | 16,176 | $0.00 | A | 49,308 | 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 UnitsF2,F3 | $0.00 | Feb 21, 2019 | M | 35,575 | D | — | Feb 12, 2019 | Common Stock | 35,575 | 0 | D |
Explanation of responses
- F1Amendment is to correct amount of net shares distributed to Mr. McConnell as previously reported on the Form 4 filed on February 25, 2019.
- F2Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- 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.