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AKAMAI TECHNOLOGIES INC — Director's Dealing 2010
Jan 22, 2010
30559_dirs_2010-01-22_2409e6be-bd1a-4b9b-bde1-5823ceb6a0df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2010-01-20
Reporting Person: Sherman J Donald (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-20 | Restricted Stock Units | $0 | A | 37106 | Acquired | Common Stock (37106) | Direct | |
| 2010-01-20 | Restricted Stock Units | $0 | A | 18553 | Acquired | Common Stock (18553) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Akamai common stock.
F2: RSUs vest in three 33% annual installments on the second business day following the date on which the Company releases its financial results for each of 2010, 2011 and 2012 if Akamai achieves certain corporate performance objectives during such years.
F3: Vesting of such RSUs is dependent on Akamai's achievement of cumulative revenue and earnings per share targets for fiscal years 2010, 2011 and 2012, and the amount reported represents the maximum number of shares issuable.
F4: Not applicable.