0001086222-24-000081.txt : 20240306
0001086222-24-000081.hdr.sgml : 20240306
20240306164910
ACCESSION NUMBER: 0001086222-24-000081
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: Sundaram Mani
CENTRAL INDEX KEY: 0001810228
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 24726648
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_1709761732.xml
FORM 4
X0508
4
2024-03-04
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001810228
Sundaram Mani
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
EVP and GM Security
0
Common Stock
2024-03-06
4
M
0
6671
0
A
25833
I
See footnote
Common Stock
2024-03-06
4
F
0
3226
109.38
D
22607
I
See footnote
Common Stock
2024-03-06
4
S
0
6148
110.29
D
16459
I
See footnote
Performance Restricted Stock Units
0
2024-03-04
4
A
0
7403
0
A
2027-03-05
Common Stock
7403
7403
D
TSR Restricted Stock Units
0
2024-03-04
4
A
0
11105
0
A
2027-03-05
Common Stock
11105
11105
D
Restricted Stock Units
0
2024-03-04
4
A
0
18508
0
A
2027-03-05
Common Stock
18508
18508
D
Restricted Stock Units
0
2024-03-06
4
M
0
6671
0
D
2026-03-07
Common Stock
6671
13345
D
Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Sundaram on December 5, 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