SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hughes Robert W

(Last) (First) (Middle)
C/O AKAMAI TECHNOLOGIES, INC.
8 CAMBRIDGE CENTER

(Street)
CAMBRIDGE MA 02142

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP - Glbl Sales, Svcs & Mktg
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share 02/10/2006 M 15,000 A $5.1 29,853(1) D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.816 28,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.813 27,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.812 26,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.74 25,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.73 24,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.712 23,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 2,000 D $25.71 21,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.707 20,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.705 19,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.701 18,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.691 17,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.69 16,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.668 15,853 D
Common Stock, par value $.01 per share 02/10/2006 S(2) 1,000 D $25.66 14,853 D
Common Stock, par value $.01 per share 02/13/2006 M 15,000 A $5.1 29,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $25.287 28,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $25.235 27,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 2,000 D $25.19 25,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $25.014 24,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 5,000 D $24.99 19,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $24.887 18,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $24.8 17,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 1,000 D $24.789 16,853 D
Common Stock, par value $.01 per share 02/13/2006 S(2) 2,000 D $24.75 14,853 D
Common Stock, par value $.01 per share 02/14/2006 M 13,438 A $5.1 28,291 D
Common Stock, par value $.01 per share 02/14/2006 S(2) 1,000 D $24.932 27,291 D
Common Stock, par value $.01 per share 02/14/2006 S(2) 1,000 D $24.9 26,291 D
Common Stock, par value $.01 per share 02/14/2006 S(2) 1,000 D $24.95 25,291 D
Common Stock, par value $.01 per share 02/14/2006 S(2) 1,000 D $24.937 24,291 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right to buy) $5.1 02/10/2006 M 15,000 (3) 11/12/2011 Common Stock 15,000 $5.1 28,438 D
Stock option (right to buy) $5.1 02/13/2006 M 15,000 (3) 11/12/2011 Common Stock 15,000 $5.1 13,438 D
Stock option (right to buy) $5.1 02/14/2006 M 13,438 (3) 11/12/2011 Common Stock 13,438 $5.1 0 D
Explanation of Responses:
1. Includes 1,045 shares of common stock acquired in 2005 under the 1999 Employee Stock Purchase Plan of Akamai Technologies, Inc.
2. Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Hughes on February 10, 2006.
3. Options vested in equal installments quarterly from August 13, 2004 through November 13, 2005.
/s/ Robert W. Hughes 02/14/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.