Form 4 for AKAM Akamai Technologies
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001086222-24-000080 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-06 | 2024-03-06 | AKAM | Salem-Jackson Kim | EVP, CMO | M - OptEx | $0.00 | +5,782 | 42.6K | +16% | $0 |
| D | 2024-03-06 | 2024-03-06 | AKAM | Salem-Jackson Kim | EVP, CMO | F - Tax | $109.38 | -2,796 | 39.8K | -7% | -$305.8K |
| DM | 2024-03-06 | 2024-03-04 | AKAM | Salem-Jackson Kim | EVP, CMO | A - Grant | $0.00 | +24.1K | 12.1K | New | $0 |
| D | 2024-03-06 | 2024-03-06 | AKAM | Salem-Jackson Kim | EVP, CMO | M - OptEx | $0.00 | -5,782 | 11.6K | -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 | 2024-03-06 | M | A | 5,782 | $0.00 | 42,601 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-06 | F | D | 2,796 | $109.38 | 39,805 | D | — | — | |
| 3 | Derivative | Performance Restricted Stock Units | 2024-03-04 | A | A | 4,824 | $0.00 | 4,824 | D | $0.00 · — to 2027-03-05 | 4,824 Common Stock | (F1) Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting. (F2) Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2024, 2025 and 2026. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2026 are certified. Amount reported is target issuable. |
| 4 | Derivative | TSR Restricted Stock Units | 2024-03-04 | A | A | 7,237 | $0.00 | 7,237 | D | $0.00 · — to 2027-03-05 | 7,237 Common Stock | (F3) Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting. (F4) 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 2024, 2025 and 2026. 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 2026 are certified. Amount reported is target issuable. |
| 5 | Derivative | Restricted Stock Units | 2024-03-04 | A | A | 12,062 | $0.00 | 12,062 | D | $0.00 · — to 2027-03-05 | 12,062 Common Stock | (F5) Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. (F6) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |
| 6 | Derivative | Restricted Stock Units | 2024-03-06 | M | D | 5,782 | $0.00 | 11,565 | D | $0.00 · — to 2026-03-07 | 5,782 Common Stock | (F7) Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. (F6) RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. |