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AKAMAI TECHNOLOGIES INC — Director's Dealing 2013
Feb 12, 2013
30559_dirs_2013-02-12_a1cc2f47-4298-4f71-bd64-a8f1940bac4f.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: 2013-02-08
Reporting Person: Hughes Robert W (President Worldwide Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-08 | Common Stock, par value $.01 per share | M | 7879 | — | Acquired | 68308 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-08 | Stock Option (right to buy) | $35.42 | A | 44112 | Acquired | 2020-02-08 | Common Stock (44112) | Direct |
| 2013-02-08 | Restricted Stock Units | $0 | A | 25409 | Acquired | Common Stock (25409) | Direct | |
| 2013-02-08 | Restricted Stock Units | $0 | A | 42348 | Acquired | Common Stock (42348) | Direct | |
| 2013-02-08 | Restricted Stock Units | $0 | M | 12369 | Disposed | Common Stock (12369) | Direct |
Footnotes
F1: Vests as follows: 1/3 on each of February 8, 2014, 2015 and 2016.
F2: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F3: Vesting of such RSUs is dependent on Akamai's achievement of specified financial targets for fiscal year 2013. To the extent such targets are met, the RSUs will vest in two equal intsallments on February 8, 2015 and 2016.
F4: RSUs vest in three 1/3 annual installments on the second business day following the date on which Akamai releases its financial results for each of 2010, 2011, and 2012 if Akamai achieves certain corporate performance objectives during such years.
F5: Not applicable.