AKAMAI TECHNOLOGIES INC — Director's Dealing 2010

Feb 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2010-02-05

Reporting Person: SAGAN PAUL (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-05	Common Stock, par value $.01 per share	M	2445	—	Acquired	108634	Direct
2010-02-05	Common Stock, par value $.01 per share	M	12401	—	Acquired	121035	Direct
2010-02-05	Common Stock, par value $.01 per share	M	17978	—	Acquired	139013	Direct
2010-02-05	Common Stock, par value $.01 per share	M	15460	—	Acquired	154473	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-05	Stock Option (right to buy)	$25.32	A	93023	Acquired	2017-02-05	Common Stock (93023)	Direct
2010-02-05	Restricted Stock Units	$0	M	4200	Disposed		Common Stock (4200)	Direct
2010-02-05	Restricted Stock Units	$0	M	19165	Disposed		Common Stock (19165)	Direct
2010-02-05	Restricted Stock Units	$0	M	26816	Disposed		Common Stock (26816)	Direct
2010-02-05	Restricted Stock Units	$0	M	26816	Disposed		Common Stock (26816)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	285663	Indirect
Common Stock, par value $.01 per share	6	Indirect

Footnotes

F1: Held by the Paul Sagan Revocable Trust. Mr. Sagan disclaims beneficial ownership of shares held by the Paul Sagan Revocable Trust except to the extent of his pecuniary interest therein.

F2: Held in trust on behalf of Mr. Sagan's children.

F3: Option vests as follows: 25% on February 5, 2011, and the remaining 75% vests in equal installments of 6.25% each quarter thereafter.

F4: Each restricted stock unit ("RSU") represnts the right to receive one share of common stock upon vesting.

F5: 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 2007, 2008 and 2009 if Akamai achieves certain corporate performance objectives during such years.

F6: 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 2008, 2009 and 2010 if Akamai achieves certain corporate performance objectives during such years.

F7: 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 2009, 2010 and 2011 if Akamai achieves certain corporate performance objectives during such years.

F8: Not applicable.