0001086222-16-000228.txt : 20160216
0001086222-16-000228.hdr.sgml : 20160215
20160216160825
ACCESSION NUMBER: 0001086222-16-000228
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160211
FILED AS OF DATE: 20160216
DATE AS OF CHANGE: 20160216
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AKAMAI TECHNOLOGIES INC
CENTRAL INDEX KEY: 0001086222
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 043432319
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 BROADWAY
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
BUSINESS PHONE: 6174443000
MAIL ADDRESS:
STREET 1: 150 BROADWAY
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARATUNIAN MELANIE
CENTRAL INDEX KEY: 0001266432
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 161428123
MAIL ADDRESS:
STREET 1: C/O AKAMAI TECHNOLOGIES INC
STREET 2: 8 CAMBRIDGE CENTER
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
4
1
wf-form4_145565689419537.xml
FORM 4
X0306
4
2016-02-11
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001266432
HARATUNIAN MELANIE
C/O AKAMAI TECHNOLOGIES INC
150 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
EVP and General Counsel
Common Stock, par value $.01 per share
2016-02-11
4
M
0
35000
25.77
A
153364
D
Common Stock, par value $.01 per share
2016-02-11
4
S
0
24044
47.99
D
129320
D
Common Stock, par value $.01 per share
2016-02-12
4
M
0
1514
0
A
130834
D
Stock option (right to buy)
25.77
2016-02-11
4
M
0
35000
25.77
D
2016-02-15
Common Stock
35000.0
0
D
Restricted Stock Units
0.0
2016-02-11
4
A
0
29304
0
A
2019-02-12
Common Stock
29304.0
29304
D
Restricted Stock Units
0.0
2016-02-11
4
A
0
14652
0
A
2019-02-12
Common Stock
14652.0
43956
D
Restricted Stock Units
0.0
2016-02-11
4
A
0
14652
0
A
Common Stock
14652.0
23233
D
Restricted Stock Units
0.0
2016-02-12
4
M
0
2860
0
D
Common Stock
2860.0
5721
D
Average sale price per share.
Options vested in full on February 15, 2010.
Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such RSUs is dependent on Akamai's achievement of specified annual revenue and earnings per share targets for each of fiscal years 2016, 2017 and 2018. To the extent such targets are met, the RSUs will vest in full on the date the company's financial results for 2018 are certified. Amount reported is maximum issuable.
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 2016, 2017 and 2018. 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 2018 are certified. Amount reported is maximum issuable.
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Not applicable.
RSUs vest over three years as follows: 33% on each of February 12, 2016, 2017 and 2018.
/s/ Melanie Haratunian
2016-02-16