Form 4/A for AKAM Akamai Technologies
Accepted 2023-03-31 00:00:00 ET · period of report 2023-03-06 · accession 0001086222-23-000164 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMA | 2023-03-31 | 2023-03-07+ | AKAM | LEIGHTON F THOMSON | CEO, Dir | P - Purchase | $75.08 | +667 | 71.9K | +0.9% | +$50.1K |
| DA | 2023-03-31 | 2023-03-07 | AKAM | LEIGHTON F THOMSON | CEO, Dir | F - Tax | $74.94 | -5,317 | 71.5K | -7% | -$398.5K |
| DA | 2023-03-31 | 2023-03-07 | AKAM | LEIGHTON F THOMSON | CEO, Dir | M - OptEx | $0.00 | +11.9K | 76.8K | +18% | $0 |
| DMA | 2023-03-31 | 2023-03-06 | AKAM | LEIGHTON F THOMSON | CEO, Dir | A - Grant | $0.00 | +140.1K | 70.1K | New | $0 |
| DA | 2023-03-31 | 2023-03-07 | AKAM | LEIGHTON F THOMSON | CEO, Dir | M - OptEx | $0.00 | -11.9K | 23.8K | -33% | $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 | 2023-03-07 | P | A | 333 | $75.28 | 64,942 | D | — | — | (F2) The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $75.27 to $75.28, 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. |
| 2 | Common | Common Stock | 2023-03-07 | F | D | 5,317 | $74.94 | 71,528 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-07 | M | A | 11,903 | $0.00 | 76,845 | D | — | — | |
| 4 | Common | Common Stock | 2023-03-08 | P | A | 334 | $74.89 | 71,862 | D | — | — | (F3) The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $74.79 to $74.92, 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 | Derivative | TSR Restricted Stock Units | 2023-03-06 | A | A | 42,033 | $0.00 | 42,033 | D | $0.00 · — to 2026-03-07 | 42,033 Common Stock | (F7) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F9) The number of RSUs is being amended due to an inadvertent administrative error. (F11) 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 2023, 2024 and 2025. 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 2025 are certified. Amount reported is target issuable. |
| 6 | Derivative | Performance Restricted Stock Units | 2023-03-06 | A | A | 28,022 | $0.00 | 28,022 | D | $0.00 · — to 2026-03-07 | 28,022 Common Stock | (F7) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F9) The number of RSUs is being amended due to an inadvertent administrative error. (F10) Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2023, 2024 and 2025. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2025 are certified. Amount reported is target issuable. |
| 7 | Derivative | Restricted Stock Units | 2023-03-06 | A | A | 70,056 | $0.00 | 70,056 | D | $0.00 · — to 2026-03-07 | 70,056 Common Stock | (F7) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F8) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |
| 8 | Derivative | Restricted Stock Units | 2023-03-07 | M | D | 11,903 | $0.00 | 23,808 | D | $0.00 · — to 2025-03-08 | 11,903 Common Stock | (F7) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F8) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |