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AKAMAI TECHNOLOGIES INC — Director's Dealing 2015
Jan 12, 2015
30559_dirs_2015-01-12_5bcf4128-f235-4a4d-845f-9596a7f2ce46.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2015-01-01
Reporting Person: Gemmell James (EVP & Chief HR Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2302 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0.0 | 2017-02-09 | Common Stock (21186.0) | Direct | |
| Restricted Stock Units | $0.0 | 2017-02-08 | Common Stock (7062.0) | Direct | |
| Restricted Stock Units | $0.0 | Common Stock (31771.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. RSUs vest over four years with 25% vesting on April 12, 2014, and the remaining 75% vesting in equal installments of 6.25% each quarter thereafter.
F2: Each RSU represents the right to receive one share of common stock. RSUs vest as follows: 1/3 on each of February 7, 2015, 2016 and 2017.
F3: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F4: Vesting of such RSUs is dependent on Akamai's achievement of a specified revenue and operating free cash flow targets for fiscal years 2014 and 2015. To the extent such target is met, the RSUs will vest in two equal 50% installments on each of February 8, 2016 and 2017. Amount reported is maximum issuable.
F5: Not applicable.