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AKAMAI TECHNOLOGIES INC — Director's Dealing 2017
Feb 27, 2017
30559_dirs_2017-02-27_5e9e1b9c-fd65-47e2-a160-6970e06a8733.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: 2017-02-23
Reporting Person: LEIGHTON F THOMSON (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | Common Stock, par value $.01 per share | M | 11774 | — | Acquired | 182514 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-23 | Restricted Stock Units | $0.0 | M | 24333 | Disposed | Common Stock (24333.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.01 per share | 3265305 | Indirect |
Footnotes
F1: Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
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 a specified revenue and operating free cash flow targets for fiscal years 2015 and 2016. To the extent such target is met, the RSUs will vest in two equal 50% installments on each of February 23, 2017 and 2018. Amount reported is maximum issuable.
F4: Not applicable.