Form 4 for AKAM Akamai Technologies
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-21 · accession 0001086222-22-000030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-02-23 | 2022-02-21 | AKAM | Sundaram Mani | EVP, GM Security | M - OptEx | $0.00 | +13.7K | 16.5K | +493% | $0 |
| DMI | 2022-02-23 | 2022-02-21 | AKAM | Sundaram Mani | EVP, GM Security | F - Tax | $0.00 | -5,444 | 12.1K | -31% | $0 |
| DM | 2022-02-23 | 2022-02-21 | AKAM | Sundaram Mani | EVP, GM Security | M - OptEx | $0.00 | -13.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-21 | M | A | 2,523 | $0.00 | 14,663 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 2 | Common | Common Stock | 2022-02-21 | F | D | 1,121 | $0.00 | 13,542 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 3 | Common | Common Stock | 2022-02-21 | M | A | 11,165 | $0.00 | 16,463 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 4 | Common | Common Stock | 2022-02-21 | F | D | 4,323 | $0.00 | 12,140 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 5 | Derivative | TSR Restricted Stock Units | 2022-02-21 | M | D | 2,523 | $0.00 | 0 | D | $0.00 · 2022-02-21 to 2022-03-07 | 2,523 Common Stock | (F2) Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. (F4) Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2019, 2020 and 2021. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2021 are certified. Amount reported reflects number of RSUs earned. |
| 6 | Derivative | Performance Restricted Stock Units | 2022-02-21 | M | D | 11,165 | $0.00 | 0 | D | $0.00 · 2022-02-21 to 2022-03-03 | 11,165 Common Stock | (F2) Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. (F3) Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2019, 2020 and 2021. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2021 are certified. Amount reported reflects number of RSUs earned. |