0001086222-24-000076.txt : 20240306
0001086222-24-000076.hdr.sgml : 20240306
20240306164642
ACCESSION NUMBER: 0001086222-24-000076
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McGowan Edward J
CENTRAL INDEX KEY: 0001767894
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 24726612
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_1709761590.xml
FORM 4
X0508
4
2024-03-04
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001767894
McGowan Edward J
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
Chief Financial Officer
0
Common Stock
2024-03-06
4
M
0
9006
0
A
41686
D
Common Stock
2024-03-06
4
F
0
4355
109.38
D
37331
D
Common Stock
2024-03-06
4
S
0
11730
110.29
D
25601
D
Performance Restricted Stock Units
0
2024-03-04
4
A
0
7963
0
A
2027-03-05
Common Stock
7963
7963
D
TSR Restricted Stock Units
0
2024-03-04
4
A
0
11944
0
A
2027-03-05
Common Stock
11944
11944
D
Restricted Stock Units
0
2024-03-04
4
A
0
19907
0
A
2027-03-05
Common Stock
19907
19907
D
Restricted Stock Units
0
2024-03-06
4
M
0
9006
0
D
2026-03-07
Common Stock
9006
18015
D
Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. McGowan on December 6, 2023.
Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2024, 2025 and 2026. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2026 are certified. Amount reported is target issuable.
Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such TSR RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Index for 2024, 2025 and 2026. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the TSR RSUs will vest in full on the date the company's financial results for 2026 are certified. Amount reported is target issuable.
Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
/s/ Thomas M. Lair, as power of attorney
2024-03-06