Bonner Monique 4
4 · AKAMAI TECHNOLOGIES INC · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Bonner Monique
EVP and CMO
Transactions
- Award
Common Stock
2021-02-18+2,711→ 8,639 total - Exercise/Conversion
Common Stock
2021-02-18+7,842→ 16,481 total - Exercise/Conversion
Restricted Stock Units
2021-02-18−14,509→ 0 totalExercise: $0.00From: 2021-02-18Exp: 2021-03-04→ Common Stock (14,509 underlying) - Exercise/Conversion
Common Stock
2021-02-18+5,615→ 22,096 total - Exercise/Conversion
Restricted Stock Units
2021-02-18−8,668→ 0 totalExercise: $0.00From: 2021-02-18Exp: 2021-03-05→ Common Stock (8,668 underlying)
Footnotes (4)
- [F1]Represents immediately-vested shares issued under the Akamai Technologies, Inc. Stock Incentive Plan in payment of 2020 bonus award; reflects net shares after tax withholding.
- [F2]Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- [F3]Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2018, 2019 and 2020. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2020 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.
- [F4]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 2018, 2019 and 2020. 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 2020 are certified. Amount reported is target amount issuable; maximum amount issuable is 200% of target amount.