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AKAMAI TECHNOLOGIES INC — Director's Dealing 2017
Mar 7, 2017
30559_dirs_2017-03-07_b68288d5-76d3-49e0-b1f4-d3abebc40b2e.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: 2017-03-01
Reporting Person: Karon Adam (EVP & GM Media Division)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8256 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0.0 | 2018-02-13 | Common Stock (1973.0) | Direct | |
| Restricted Stock Units | $0.0 | 2019-02-12 | Common Stock (5970.0) | Direct | |
| Restricted Stock Units | $0.0 | 2019-04-29 | Common Stock (7632.0) | Direct | |
| Restricted Stock Units | $0.0 | 2020-02-10 | Common Stock (10023.0) | Direct | |
| Restricted Stock Units | $0.0 | 2017-03-04 | Common Stock (3527.0) | Direct | |
| Restricted Stock Units | $0.0 | 2018-02-24 | Common Stock (2863.0) | Direct | |
| Restricted Stock Units | $0.0 | 2019-02-13 | Common Stock (17908.0) | Direct | |
| Restricted Stock Units | $0.0 | 2018-02-14 | Common Stock (8954.0) | Direct | |
| Restricted Stock Units | $0.0 | 2020-02-09 | Common Stock (20046.0) | Direct | |
| Restricted Stock Units | $0.0 | 2020-02-11 | Common Stock (10023.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F2: RSUs vest 50% on February 11, 2018 and 50% on February 11, 2019.
F3: RSUs vest over three years in equal 1/3 installments on April 28, 2017, 2018 and 2019.
F4: RSUs vest over three years in equal 1/3 installments on February 9, 2018, 2019 and 2020.
F5: Vesting of such RSUs is dependent on Akamai's achievement of a specified revenue and operating free cash flow targets for fiscal years 2016, 2017 and 2018. To the extent such target is met, the RSUs will vest followingt certification financial results for 2018. Amount reported is maximum issuable.
F6: Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2016, 2017 and 2018. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2018 are certified. Amount reported is maximum issuable.
F7: Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2017, 2018 and 2019. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2019 are certified. Amount reported is maximum issuable.
F8: Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2017, 2018 and 2019. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2019 are certified. Amount reported is maximum issuable.