AKAMAI TECHNOLOGIES INC — Director's Dealing 2022

Feb 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2022-02-21

Reporting Person: Joseph Paul C (EVP - Global Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-21	Common Stock	M	6010	—	Acquired	38127	Direct
2022-02-21	Common Stock	F	2337	—	Disposed	35790	Direct
2022-02-21	Common Stock	M	1358	—	Acquired	37148	Direct
2022-02-21	Common Stock	F	603	—	Disposed	36545	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-21	Performance Restricted Stock Units	$0.0	M	6010	Disposed	2022-03-02	Common Stock (6010.0)	Direct
2022-02-21	TSR Restricted Stock Units	$0.0	M	1358	Disposed	2022-03-01	Common Stock (1358.0)	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 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.