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AKAMAI TECHNOLOGIES INC — Director's Dealing 2015
Jan 21, 2015
30559_dirs_2015-01-21_ee116e65-8b39-4f25-b5b2-623f7eda47dd.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: 2015-01-20
Reporting Person: SAGAN PAUL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-20 | Common Stock, par value $.01 per share | M | 19878 | — | Acquired | 19878 | Direct |
| 2015-01-20 | Common Stock, par value $.01 per share | M | 14456 | — | Acquired | 34334 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-20 | Restricted Stock Units | $0.0 | M | 42157 | Disposed | Common Stock (42157.0) | Direct | |
| 2015-01-20 | Restricted Stock Units | $0.0 | M | 35689 | Disposed | Common Stock (35689.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.01 per share | 520558 | 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: 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: RSUs vest in three 33% annual installments on the first, second and third anniversaries of the date of grant.