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AKAMAI TECHNOLOGIES INC Director's Dealing 2022

Feb 23, 2022

30559_dirs_2022-02-23_f31a55e0-9b0f-442d-9867-a2639ce0ad81.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: 2022-02-21

Reporting Person: Karon Adam (COO & GM Edge Technology Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-21 Common Stock M 24049 Acquired 34711 Direct
2022-02-21 Common Stock F 10495 Disposed 24216 Direct
2022-02-21 Common Stock M 5435 Acquired 29651 Direct
2022-02-21 Common Stock F 2414 Disposed 27237 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-21 Performance Restricted Stock Units $0.0 M 24049 Disposed 2022-03-02 Common Stock (24049.0) Direct
2022-02-21 TSR Restricted Stock Units $0.0 M 5435 Disposed 2022-03-03 Common Stock (5435.0) 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 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 reflects number of RSUs earned.

F3: 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 reflects number of RSUs earned.