Form 4 for AKAM Akamai Technologies
Accepted 2024-02-23 00:00:00 ET · period of report 2024-02-21 · accession 0001086222-24-000034 · 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 | 2024-02-23 | 2024-02-21 | AKAM | Sundaram Mani | EVP, GM Security | F - Tax | $107.87 | -6,111 | 10.6K | -37% | -$659.2K |
| DMI | 2024-02-23 | 2024-02-21 | AKAM | Sundaram Mani | EVP, GM Security | M - OptEx | $0.00 | +11.2K | 19.8K | +130% | $0 |
| DI | 2024-02-23 | 2024-02-21 | AKAM | Sundaram Mani | EVP, GM Security | A - Grant | $0.00 | +5,591 | 13.1K | +75% | $0 |
| DM | 2024-02-23 | 2024-02-21 | AKAM | Sundaram Mani | EVP, GM Security | M - OptEx | $0.00 | -11.2K | 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 | 2024-02-21 | F | D | 857 | $108.36 | 18,144 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 2 | Common | Common Stock | 2024-02-21 | M | A | 1,932 | $0.00 | 19,001 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 3 | Common | Common Stock | 2024-02-21 | F | D | 2,774 | $108.36 | 17,069 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 4 | Common | Common Stock | 2024-02-21 | F | D | 2,480 | $107.16 | 10,572 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 5 | Common | Common Stock | 2024-02-21 | A | A | 5,591 | $0.00 | 13,052 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 6 | Common | Common Stock | 2024-02-21 | M | A | 9,271 | $0.00 | 19,843 | I See footnote | — | — | (F1) Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee. |
| 7 | Derivative | Performance Restricted Stock Units | 2024-02-21 | M | D | 9,271 | $0.00 | 0 | D | $0.00 · — to 2024-03-02 | 9,271 Common Stock | (F3) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F4) Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2021, 2022 and 2023. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2023 are certified. Amount reported reflects number of RSUs earned. |
| 8 | Derivative | TSR Restricted Stock Units | 2024-02-21 | M | D | 1,932 | $0.00 | 0 | D | $0.00 · — to 2024-03-02 | 1,932 Common Stock | (F3) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F5) 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 2021, 2022 and 2023. 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 2023 are certified. Amount reported reflects number of RSUs earned. |