4//SEC Filing
AKAMAI TECHNOLOGIES INC 4
Accession 0001086222-17-000042
$AKAMCIK 0001086222operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 4:18 PM ET
Size
21.5 KB
Accession
0001086222-17-000042
Insider Transaction Report
Form 4
HARATUNIAN MELANIE
Senior VP and General Counsel
Transactions
- Sale
Common Stock, par value $.01 per share
2017-02-10$63.83/sh−2,164$138,128→ 80,785 total - Award
Restricted Stock Units
2017-02-09+11,276→ 11,276 totalExercise: $0.00Exp: 2020-02-11→ Common Stock (11,276 underlying) - Award
Restricted Stock Units
2017-02-09+22,552→ 22,552 totalExercise: $0.00Exp: 2020-02-12→ Common Stock (22,552 underlying) - Award
Restricted Stock Units
2017-02-09+11,276→ 11,276 totalExercise: $0.00Exp: 2020-02-14→ Common Stock (11,276 underlying)
Footnotes (5)
- [F1]Sale was made pursuant to a Rule 10b5-1 Plan adopted by Ms. Haratunian on August 16, 2016.
- [F2]Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F3]RSUs vest over three years as follows: 33% on each of February 9, 2018, 2019 and 2020.
- [F4]Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2017, 2018 and 2019. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2019 are certified. Amount reported is maximum issuable.
- [F5]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 2017, 2018 and 2019. 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 2019 are certified. Amount reported is maximum issuable.
Issuer
AKAMAI TECHNOLOGIES INC
CIK 0001086222
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001086222
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 4:18 PM ET
- Size
- 21.5 KB