4//SEC Filing
Sundaram Mani 4
Accession 0001086222-25-000074
CIK 0001086222other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:32 PM ET
Size
16.7 KB
Accession
0001086222-25-000074
Insider Transaction Report
Form 4
Sundaram Mani
EVP and GM Security
Transactions
- Exercise/Conversion
Common Stock
2025-03-04+6,169→ 32,486 total(indirect: See footnote) - Tax Payment
Common Stock
2025-03-04$81.00/sh−2,983$241,623→ 29,503 total(indirect: See footnote) - Award
Performance Restricted Stock Units
2025-03-03+10,864→ 10,864 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (10,864 underlying) - Award
TSR Restricted Stock Units
2025-03-03+16,296→ 16,296 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (16,296 underlying) - Award
Restricted Stock Units
2025-03-03+27,160→ 27,160 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (27,160 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-04−6,169→ 12,339 totalExercise: $0.00Exp: 2027-03-05→ Common Stock (6,169 underlying)
Holdings
- 62.315(indirect: By 401(k))
Common Stock
Footnotes (8)
- [F1]Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
- [F2]As of March 4, 2025.
- [F3]Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F4]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.
- [F5]Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F6]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.
- [F7]Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- [F8]RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Documents
Issuer
AKAMAI TECHNOLOGIES INC
CIK 0001086222
Entity typeother
Related Parties
1- filerCIK 0001810228
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:32 PM ET
- Size
- 16.7 KB