4//SEC Filing
McGowan Edward J 4
Accession 0001086222-25-000078
CIK 0001086222other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 8:59 PM ET
Size
11.0 KB
Accession
0001086222-25-000078
Insider Transaction Report
Form 4
McGowan Edward J
Chief Financial Officer
Transactions
- Award
TSR Restricted Stock Units
2025-03-03+18,555→ 18,555 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (18,555 underlying) - Award
Performance Restricted Stock Units
2025-03-03+12,370→ 12,370 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (12,370 underlying) - Award
Restricted Stock Units
2025-03-03+30,925→ 30,925 totalExercise: $0.00Exp: 2028-03-04→ Common Stock (30,925 underlying)
Footnotes (6)
- [F1]Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F2]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. Mr. McGowan has elected to defer the receipt of 85% of such awards on the vesting date.
- [F3]Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
- [F4]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. Mr. McGowan has elected to defer the receipt of 85% of such awards on the vesting date.
- [F5]Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
- [F6]RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date. Mr. McGowan has elected to defer the receipt of 85% of such awards upon vesting.
Documents
Issuer
AKAMAI TECHNOLOGIES INC
CIK 0001086222
Entity typeother
Related Parties
1- filerCIK 0001767894
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 8:59 PM ET
- Size
- 11.0 KB