Filing Details

Accession Number:
0001439709-11-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-14 19:24:12
Reporting Period:
2011-02-11
Filing Date:
2011-02-14
Accepted Time:
2011-02-14 19:24:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1086222 Akamai Technologies Inc AKAM Services-Business Services, Nec (7389) 043432319
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1291475 W Robert Hughes C/O Akamai Technologies, Inc.
8 Cambridge Center
Cambridge MA 02142
Evp Global Sales Svcs & Mktg No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.01 Per Share Acquisiton 2011-02-11 8,402 $0.00 36,444 No 4 M Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2011-02-11 8,929 $0.00 45,373 No 4 M Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2011-02-11 7,910 $0.00 53,283 No 4 M Direct
Common Stock, Par Value $.01 Per Share Disposition 2011-02-14 14,830 $42.00 38,453 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2011-02-11 29,516 $41.43 29,516 $41.43
Common Stock Restricted Stock Units Disposition 2011-02-11 13,409 $0.00 13,409 $0.00
Common Stock Restricted Stock Units Disposition 2011-02-11 13,408 $0.00 13,408 $0.00
Common Stock Restricted Stock Units Disposition 2011-02-11 12,368 $0.00 12,368 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,516 2018-02-11 No 4 A Direct
13,409 No 4 M Direct
13,408 No 4 M Direct
24,738 No 4 M Direct
Footnotes
  1. Option vests over four years as follows: 25% on February 11, 2012, and the remaining 75% vests in equal installments of 6.25% each quarter thereafter.
  2. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Akamai common stock. RSUs vest in three 33% annual installments on the second business day following the date on which the company releases its financial results for each of 2009, 2010 and 2011 if Akamai achieved certain corporate performance objectives during such year.
  3. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Akamai common stock. RSUs vest in three 33% annual installments on the second business day following the date on which the company releases its financial results for each of 2010, 2011 and 2012 if Akamai achieved certain corporate performance objectives during such year.
  4. Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Hughes on November 24, 2010.
  5. Not applicable.