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AKAMAI TECHNOLOGIES INC — Director's Dealing 2014
Jan 22, 2014
30559_dirs_2014-01-22_b6dd9d6e-360d-4f75-bb84-359146140acd.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: 2014-01-21
Reporting Person: SAGAN PAUL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-21 | Common Stock, par value $.01 per share | M | 25162 | — | Acquired | 436205 | Direct |
| 2014-01-21 | Common Stock, par value $.01 per share | M | 18843 | — | Acquired | 455048 | Direct |
| 2014-01-21 | Common Stock, par value $.01 per share | M | 4100 | — | Acquired | 459148 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-21 | Restricted Stock Units | $0.0 | A | 42157 | Disposed | Common Stock (42157.0) | Direct | |
| 2014-01-21 | Restricted Stock Units | $0.0 | A | 35689 | Disposed | Common Stock (35689.0) | Direct | |
| 2014-01-21 | Restricted Stock Units | $0.0 | A | 7766 | Disposed | Common Stock (7766.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.01 per share | 130663 | 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 such trust except to the extent of his pecuniary interest therein.
F2: Held in trust on behalf of Mr. Sagan's children.
F3: Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock upon vesting.
F4: Vesting of such RSUs was dependent on Akamai's achivement of a specified normalized earnings per share target for fiscal year 2012 and certain designated mission critical goals. To the extent such targets were met, the RSUs vest in two equal 50% installments on the second and third anniversaries of the grant date.
F5: Not applicable.
F6: Each Restricted Stock Unit ("RSU") represents the right to receive one share of Akamai common stock.
F7: RSUs vest in three 33% annual installments on the first, second and third anniversaries of the date of grant.
F8: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F9: RSUs vest over three years in three equal 1/3 installments on each of January 19, 2012, 2013 and 2014.