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Filing Details

Accession Number:: 0001086222-23-000092
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-03-03 17:43:47
Reporting Period:: 2023-03-01

Accepted Time:: 2023-03-03 17:43:47
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-03-01	346	$72.43	49,595	No	4	P	Direct
Common Stock	Acquisiton	2023-03-01	13,550	$0.00	63,145	No	4	M	Direct
Common Stock	Disposition	2023-03-01	6,370	$72.60	56,775	No	4	F	Direct
Common Stock	Acquisiton	2023-03-02	343	$73.08	57,118	No	4	P	Direct
Common Stock	Acquisiton	2023-03-03	338	$74.17	57,456	No	4	P	Direct
Common Stock	Acquisiton	2023-03-03	12,923	$0.00	70,379	No	4	M	Direct
Common Stock	Disposition	2023-03-03	5,773	$73.51	64,280	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	M	Direct
No	4	F	Direct
No	4	P	Direct
No	4	P	Direct
No	4	M	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2023-03-01	13,550	$0.00	13,550	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-03-03	12,923	$0.00	12,923	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,551		2024-03-02	No	4	M	Direct
0		2023-03-04	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	20,963	Indirect	See footnote
Common Stock	2,218,134	Indirect	See note

Footnotes

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 $72.37 to $72.48, 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 $73.07 to $73.20, 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 $74.00 to $74.62, 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 Form 4 filed on February 23, 2023 inadvertently overstated the Reporting Person's direct holdings by 326 shares, an error that was carried forward on subsequent filings. Column 5 of Table I reflects the number of shares of Akamai common stock beneficially owned by the Reporting Person following the reported transactions as of March 3, 2023.
Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
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.
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.
Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.