AKAMAI TECHNOLOGIES INC — Director's Dealing 2023

Mar 31, 2023

SEC Form 4/A — Form 4/A

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2023-03-06

Reporting Person: Salem-Jackson Kim (EVP, Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-07	Common Stock	M	2856	—	Acquired	33893	Direct
2023-03-07	Common Stock	F	848	$74.94	Disposed	33045	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-06	Restricted Stock Units	$0.0	A	17347	Acquired	2026-03-07	Common Stock (17347.0)	Direct
2023-03-06	Performance Restricted Stock Units	$0.0	A	6938	Acquired	2026-03-07	Common Stock (6938.0)	Direct
2023-03-06	TSR Restricted Stock Units	$0.0	A	10408	Acquired	2026-03-07	Common Stock (10408.0)	Direct
2023-03-07	Restricted Stock Units	$0.0	M	2856	Disposed	2025-03-08	Common Stock (2856.0)	Direct

Footnotes

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

F2: RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

F3: The number of RSUs is being amended due to an inadvertent administrative error.

F4: Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2023, 2024 and 2025. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2025 are certified. Amount reported is target issuable.

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 2023, 2024 and 2025. 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 2025 are certified. Amount reported is target issuable.