Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AKAMAI TECHNOLOGIES INC Director's Dealing 2020

May 27, 2020

30559_dirs_2020-05-27_2392c0c3-c57c-4318-809f-4306e38033ec.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2020-05-20

Reporting Person: Bonner Monique (EVP and CMO)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $.01 per share 3756 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $0.0 2023-03-05 Common Stock (7975.0) Direct
Restricted Stock Units $0.0 2023-03-03 Common Stock (7975.0) Direct
Restricted Stock Units $0.0 2022-03-04 Common Stock (9002.0) Direct
Restricted Stock Units $0.0 2022-03-02 Common Stock (6002.0) Direct
Restricted Stock Units $0.0 2022-03-05 Common Stock (4501.0) Direct
Restricted Stock Units $0.0 2021-03-05 Common Stock (4800.0) Direct
Restricted Stock Units $0.0 2021-03-04 Common Stock (9601.0) Direct
Restricted Stock Units $0.0 2023-03-05 Common Stock (3987.0) Direct
Restricted Stock Units $0.0 2021-02-09 Common Stock (3201.0) Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.

F2: Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2020, 2021 and 2022. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2022 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.

F3: RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

F4: Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2019, 2020 and 2021. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2021 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.

F5: 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 2019, 2020 and 2021. 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 2021 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.

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 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 amount issuable; maximum amount issuable is 200% of target amount.

F7: 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; maximum amount issuable is 200% of target amount.

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 2020, 2021 and 2022. 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 2022 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.