4//SEC Filing
LEIGHTON F THOMSON 4
Accession 0001086222-25-000072
CIK 0001086222other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:24 PM ET
Size
19.3 KB
Accession
0001086222-25-000072
Insider Transaction Report
Form 4
LEIGHTON F THOMSON
DirectorChief Scientist
Transactions
- Gift
Common Stock
2025-03-03−37,670→ 99,672 total - Exercise/Conversion
Common Stock
2025-03-04+20,313→ 119,985 total - Tax Payment
Common Stock
2025-03-04$81.00/sh−10,227$828,387→ 109,758 total - Award
Performance Restricted Stock Units
2025-03-03+34,000→ 34,000 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (34,000 underlying) - Award
TSR Restricted Stock Units
2025-03-03+51,000→ 51,000 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (51,000 underlying) - Award
Restricted Stock Units
2025-03-03+85,000→ 85,000 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (85,000 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-04−20,313→ 40,629 totalExercise: $0.00Exp: 2027-03-05→ Common Stock (20,313 underlying)
Holdings
- 2,380,291(indirect: See note)
Common Stock
- 108,358(indirect: See note)
Common Stock
Footnotes (10)
- [F1]On March 3, 2025, the Reporting Person transferred 37,670 shares of Issuer common stock to the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 for no consideration.
- [F10]RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
- [F2]Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99 of which Mr. Leighton serves as a trustee. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.
- [F3]Includes 10,481 shares received pursuant to a distribution from the David T. Leighton trust, of which the Reporting Person served as trustee. Such distribution was made in accordance with the exemptions afforded under 16a-9 and 16a-13.
- [F4]Held by the TBL Foundation of which Mr. Leighton serves as a trustee.
- [F5]Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F6]Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2025, 2026 and 2027. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2027 are certified. Amount reported is target issuable.
- [F7]Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F8]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 2025, 2026 and 2027. 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 2027 are certified. Amount reported is target issuable.
- [F9]Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
Documents
Issuer
AKAMAI TECHNOLOGIES INC
CIK 0001086222
Entity typeother
Related Parties
1- filerCIK 0001106232
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:24 PM ET
- Size
- 19.3 KB