Filing Details

Accession Number:
0001086222-23-000059
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-23 16:56:19
Reporting Period:
2023-02-21
Accepted Time:
2023-02-23 16:56:19
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
1106232 Thomson F Leighton C/O Akamai Technologies, Inc.
145 Broadway
Cambridge MA 02142
Chief Executive Officer Yes 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 Acquisiton 2023-02-21 12,170 $0.00 24,601 No 4 A Direct
Common Stock Disposition 2023-02-21 3,679 $76.40 20,922 No 4 F Direct
Common Stock Acquisiton 2023-02-21 45,459 $0.00 66,707 No 4 M Direct
Common Stock Disposition 2023-02-21 19,129 $77.30 47,578 No 4 F Direct
Common Stock Acquisiton 2023-02-22 326 $76.77 47,904 No 4 P Direct
Common Stock Acquisiton 2023-02-23 326 $76.82 48,230 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Restricted Stock Units Disposition 2023-02-21 45,459 $0.00 45,459 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-02-21 2022-03-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 108,358 Indirect See note
Common Stock 2,218,134 Indirect See note
Common Stock 20,963 Indirect See footnote
Footnotes
  1. Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2022 bonus award.
  2. Purchase was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Leighton on November 10, 2022.
  3. The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $76.55 to $76.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  4. The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $76.57 to $76.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  5. Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
  6. Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which Mr. Leighton serves as a trustee. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
  7. Held by the David T. Leighton Trust of which F. Thomson Leighton is a trustee. F. Thomson Leighton disclaims beneficial ownership of shares held by such trust.
  8. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
  9. Vesting of such RSUs is dependent on Akamai's achievement of specified financial performance targets for each of 2020, 2021 and 2022. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2022 are certified. Amount reported reflects number of RSUs earned.