AKAMAI TECHNOLOGIES INC — Director's Dealing 2020

May 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2020-03-03

Reporting Person: Karon Adam (EVP & GM Media Division)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Restricted Stock Units	$0.0	A	13291	Acquired	2023-03-06	Common Stock (13291.0)	Direct
2020-03-03	Restricted Stock Units	$0.0	A	13291	Acquired	2023-03-06	Common Stock (13291.0)	Direct
2020-03-03	Restricted Stock Units	$0.0	A	6645	Acquired	2023-03-06	Common Stock (6645.0)	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 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.