0001086222-24-000077.txt : 20240306
0001086222-24-000077.hdr.sgml : 20240306
20240306164718
ACCESSION NUMBER: 0001086222-24-000077
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: Howell Laura
CENTRAL INDEX KEY: 0001867203
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 24726621
MAIL ADDRESS:
STREET 1: C/O AKAMAI TECHNOLOGIES, INC.
STREET 2: 145 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_1709761615.xml
FORM 4
X0508
4
2024-03-04
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001867203
Howell Laura
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
SVP, Chief Accounting Officer
0
Common Stock
2024-03-06
4
M
0
33
0
A
10882
D
Common Stock
2024-03-06
4
F
0
12
109.38
D
10870
D
Common Stock
2024-03-06
4
M
0
2001
0
A
12871
D
Common Stock
2024-03-06
4
F
0
612
109.38
D
12259
D
Performance Restricted Stock Units
0
2024-03-04
4
A
0
1263
0
A
2027-03-05
Common Stock
1263
1263
D
TSR Restricted Stock Units
0
2024-03-04
4
A
0
1895
0
A
2027-03-05
Common Stock
1895
1895
D
Restricted Stock Units
0
2024-03-04
4
A
0
3159
0
A
2027-03-05
Common Stock
3159
3159
D
Restricted Stock Units
0
2024-03-06
4
M
0
33
0
D
2025-12-07
Common Stock
33
97
D
Restricted Stock Units
0
2024-03-06
4
M
0
2001
0
D
2026-03-07
Common Stock
2001
4003
D
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.
RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.
RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.
/s/ Thomas M. Lair, as power of attorney
2024-03-06