0001086222-24-000035.txt : 20240223 0001086222-24-000035.hdr.sgml : 20240223 20240223161006 ACCESSION NUMBER: 0001086222-24-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240221 FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karon Adam CENTRAL INDEX KEY: 0001699796 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27275 FILM NUMBER: 24671239 MAIL ADDRESS: STREET 1: C/O AKAMAI TECHNOLOGIES, INC. STREET 2: 150 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AKAMAI TECHNOLOGIES INC CENTRAL INDEX KEY: 0001086222 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 043432319 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174443000 MAIL ADDRESS: STREET 1: 145 BROADWAY CITY: CAMBRIDGE STATE: MA ZIP: 02142 4 1 wk-form4_1708722587.xml FORM 4 X0508 4 2024-02-21 0 0001086222 AKAMAI TECHNOLOGIES INC AKAM 0001699796 Karon Adam C/O AKAMAI TECHNOLOGIES, INC. 145 BROADWAY CAMBRIDGE MA 02142 0 1 0 0 COO & GM Edge Technology Group 0 Common Stock 2024-02-21 4 A 0 8008 0 A 30106 D Common Stock 2024-02-21 4 F 0 3552 107.16 D 26554 D Common Stock 2024-02-21 4 M 0 19343 0 A 45897 D Common Stock 2024-02-21 4 F 0 7236 108.36 D 38661 D Common Stock 2024-02-21 4 M 0 4030 0 A 42691 D Common Stock 2024-02-21 4 F 0 1788 108.36 D 40903 D Performance Restricted Stock Units 0 2024-02-21 4 M 0 19343 0 D 2024-03-02 Common Stock 19343 0 D TSR Restricted Stock Units 0 2024-02-21 4 M 0 4030 0 D 2024-03-02 Common Stock 4030 0 D Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2023 bonus award. Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting. Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2021, 2022 and 2023. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2023 are certified. Amount reported reflects number of RSUs earned. 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 2021, 2022 and 2023. 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 2023 are certified. Amount reported reflects number of RSUs earned. /s/ Shaan Majmudar, by power of attorney 2024-02-23