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AKAMAI TECHNOLOGIES INC — Director's Dealing 2018
Feb 12, 2018
30559_dirs_2018-02-12_cebd4222-e351-4e1f-9eec-04efac927685.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: 2018-02-08
Reporting Person: Wheaton William (Chief Strategy Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | Common Stock | M | 3290 | — | Acquired | 35902 | Direct |
| 2018-02-11 | Common Stock | M | 4303 | — | Acquired | 40205 | Direct |
| 2018-02-12 | Common Stock | M | 2368 | — | Acquired | 42573 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-08 | Restricted Stock Units | $0.0 | A | 14722 | Acquired | 2021-02-09 | Common Stock (14722.0) | Direct |
| 2018-02-08 | Restricted Stock Units | $0.0 | A | 14722 | Acquired | 2020-02-10 | Common Stock (14722.0) | Direct |
| 2018-02-08 | Restricted Stock Units | $0.0 | A | 7361 | Acquired | 2018-02-22 | Common Stock (7361.0) | Direct |
| 2018-02-09 | Restricted Stock Units | $0.0 | M | 4802 | Disposed | 2020-02-11 | Common Stock (4802.0) | Direct |
| 2018-02-11 | Restricted Stock Units | $0.0 | M | 6241 | Disposed | 2020-02-12 | Common Stock (6241.0) | Direct |
| 2018-02-12 | Restricted Stock Units | $0.0 | M | 2368 | Disposed | 2019-02-12 | Common Stock (2368.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F2: Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2018, 2019 and 2020. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2020 are certified. Amount reported is target amount issuable.
F3: Vests as follows: 1/3 on each of February 8, 2019, 2020 and 2021.
F4: 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 2018, 2019 and 2020. 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 2020 are certified. Amount reported is target issuable.
F5: RSUs vest over three years as follows: 33% on each of February 9, 2018, 2019 and 2020.
F6: Vests as follows: 1/3 on each of February 11, 2017, 2018 and 2019.
F7: Vested in full on February 12, 2018.