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
- Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2022 bonus award.
- Purchase was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Leighton on November 10, 2022.
- 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.
- 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.
- Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
- 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.
- 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.
- Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- 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.