AKAMAI TECHNOLOGIES INC — Director's Dealing 2018

Feb 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2018-02-08

Reporting Person: Benson James M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-09	Common Stock	M	3932	—	Acquired	20755	Direct
2018-02-11	Common Stock	M	4403	—	Acquired	25158	Direct
2018-02-12	Common Stock	M	2879	—	Acquired	28037	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-08	Restricted Stock Units	$0.0	A	17282	Acquired	2021-02-09	Common Stock (17282.0)	Direct
2018-02-08	Restricted Stock Units	$0.0	A	17282	Acquired	2020-02-10	Common Stock (17282.0)	Direct
2018-02-08	Restricted Stock Units	$0.0	A	8641	Acquired	2018-02-22	Common Stock (8641.0)	Direct
2018-02-09	Restricted Stock Units	$0.0	M	5637	Disposed	2020-02-11	Common Stock (5637.0)	Direct
2018-02-11	Restricted Stock Units	$0.0	M	6241	Disposed	2019-02-12	Common Stock (6241.0)	Direct
2018-02-12	Restricted Stock Units	$0.0	M	4143	Disposed		Common Stock (4143.0)	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: Vesting of such RSUs is dependent on Akamai's achievement of a specified revenue and operating free cash flow targets for fiscal years 2016 and 2017. To the extent such target is met, the RSUs will vest in two equal 50% installments on each of February 11, 2018 and 2019. Amount reported is maximum issuable.

F7: RSUs vest over three years as follows: 33% on each of February 12, 2016, 2017 and 2018.

F8: Not applicable.