Form 4 for AKAM Akamai Technologies
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001086222-23-000092 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-03 | 2023-03-01+ | AKAM | LEIGHTON F THOMSON | CEO, Dir | F - Tax | $73.03 | -12.1K | 56.8K | -18% | -$886.8K |
| DM | 2023-03-03 | 2023-03-01+ | AKAM | LEIGHTON F THOMSON | CEO, Dir | M - OptEx | $0.00 | +26.5K | 63.1K | +72% | $0 |
| DM | 2023-03-03 | 2023-03-01+ | AKAM | LEIGHTON F THOMSON | CEO, Dir | P - Purchase | $73.22 | +1,027 | 49.6K | +2% | +$75.2K |
| DM | 2023-03-03 | 2023-03-01+ | AKAM | LEIGHTON F THOMSON | CEO, Dir | M - OptEx | $0.00 | -26.5K | 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 | 2023-03-03 | F | D | 5,773 | $73.51 | 64,280 | D | — | — | (F5) 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. |
| 2 | Common | Common Stock | 2023-03-03 | M | A | 12,923 | $0.00 | 70,379 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-03 | P | A | 338 | $74.17 | 57,456 | D | — | — | (F4) 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. |
| 4 | Common | Common Stock | 2023-03-02 | P | A | 343 | $73.08 | 57,118 | D | — | — | (F3) 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. |
| 5 | Common | Common Stock | 2023-03-01 | F | D | 6,370 | $72.60 | 56,775 | D | — | — | |
| 6 | Common | Common Stock | 2023-03-01 | M | A | 13,550 | $0.00 | 63,145 | D | — | — | |
| 7 | Common | Common Stock | 2023-03-01 | P | A | 346 | $72.43 | 49,595 | D | — | — | (F2) 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. |
| 8 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 13,550 | $0.00 | 13,551 | D | $0.00 · — to 2024-03-02 | 13,550 Common Stock | (F9) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F10) RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant. |
| 9 | Derivative | Restricted Stock Units | 2023-03-03 | M | D | 12,923 | $0.00 | 0 | D | $0.00 · — to 2023-03-04 | 12,923 Common Stock | (F9) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F11) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |