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Filing Details

Accession Number:: 0001086222-25-000080
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-03-05 21:04:19
Reporting Period:: 2025-03-03

Filing Date:: 2025-03-05
Accepted Time:: 2025-03-05 21:04:19
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
1699796	Adam Karon	C/O Akamai Technologies, Inc. 145 Broadway Cambridge MA 02142	Coo & Gm Edge Technology Group	No	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	Explanation
Common Stock	Disposition	2025-03-04	6,431	$80.49	14,239	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Restricted Stock Units	Acquisiton	2025-03-03	15,703	$0.00	15,703	$0.00
Common Stock	TSR Restricted Stock Units	Acquisiton	2025-03-03	23,555	$0.00	23,555	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2025-03-03	39,259	$0.00	39,259	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,703	2028-03-04	No	4	A	Direct
23,555	2028-03-04	No	4	A	Direct
39,259	2028-03-04	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	71	Indirect	By 401(k) Plan

Footnotes

Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Karon on December 2, 2024.
The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $79.98 to $80.845, 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 sold at each separate price within the range set forth in this footnote.
As of March 4, 2025.
Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2025, 2026 and 2027. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date.
Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such TSR RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Index for 2025, 2026 and 2027. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the TSR RSUs will vest in full on the date the company's financial results for 2027 are certified. Amount reported is target issuable. Mr. Karon has elected to defer the receipt of 85% of such awards on the vesting date.
Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.