4//SEC Filing
Sundaram Mani 4
Accession 0001086222-25-000019
CIK 0001086222other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:07 PM ET
Size
14.4 KB
Accession
0001086222-25-000019
Insider Transaction Report
Form 4
Sundaram Mani
EVP and GM Security
Transactions
- Tax Payment
Common Stock
2025-02-19$99.32/sh−2,882$286,240→ 24,424 total(indirect: See footnote) - Tax Payment
Common Stock
2025-02-19$99.32/sh−591$58,698→ 17,675 total(indirect: See footnote) - Exercise/Conversion
TSR Restricted Stock Units
2025-02-19−1,399→ 0 totalExercise: $0.00Exp: 2025-03-08→ Common Stock (1,399 underlying) - Exercise/Conversion
Common Stock
2025-02-19+1,399→ 18,266 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2025-02-19+9,631→ 27,306 total(indirect: See footnote) - Exercise/Conversion
Performance Restricted Stock Units
2025-02-19−9,631→ 0 totalExercise: $0.00Exp: 2025-03-08→ Common Stock (9,631 underlying)
Footnotes (4)
- [F1]Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
- [F2]Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F3]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 2022, 2023 and 2024. 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 2024 are certified. Amount reported reflects number of RSUs earned.
- [F4]Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2022, 2023 and 2024. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2024 are certified. Amount reported reflects number of RSUs earned.
Documents
Issuer
AKAMAI TECHNOLOGIES INC
CIK 0001086222
Entity typeother
Related Parties
1- filerCIK 0001810228
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 5:07 PM ET
- Size
- 14.4 KB