0001086222-24-000035.txt : 20240223
0001086222-24-000035.hdr.sgml : 20240223
20240223161006
ACCESSION NUMBER: 0001086222-24-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240221
FILED AS OF DATE: 20240223
DATE AS OF CHANGE: 20240223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Karon Adam
CENTRAL INDEX KEY: 0001699796
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 24671239
MAIL ADDRESS:
STREET 1: C/O AKAMAI TECHNOLOGIES, INC.
STREET 2: 150 BROADWAY
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AKAMAI TECHNOLOGIES INC
CENTRAL INDEX KEY: 0001086222
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 043432319
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 145 BROADWAY
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
BUSINESS PHONE: 6174443000
MAIL ADDRESS:
STREET 1: 145 BROADWAY
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
4
1
wk-form4_1708722587.xml
FORM 4
X0508
4
2024-02-21
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001699796
Karon Adam
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
COO & GM Edge Technology Group
0
Common Stock
2024-02-21
4
A
0
8008
0
A
30106
D
Common Stock
2024-02-21
4
F
0
3552
107.16
D
26554
D
Common Stock
2024-02-21
4
M
0
19343
0
A
45897
D
Common Stock
2024-02-21
4
F
0
7236
108.36
D
38661
D
Common Stock
2024-02-21
4
M
0
4030
0
A
42691
D
Common Stock
2024-02-21
4
F
0
1788
108.36
D
40903
D
Performance Restricted Stock Units
0
2024-02-21
4
M
0
19343
0
D
2024-03-02
Common Stock
19343
0
D
TSR Restricted Stock Units
0
2024-02-21
4
M
0
4030
0
D
2024-03-02
Common Stock
4030
0
D
Represents shares issued under the Akamai Technologies, Inc. Amended and Restated 2013 Stock Incentive Plan in payment of 2023 bonus award.
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 a specified financial performance targets for each of 2021, 2022 and 2023. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2023 are certified. Amount reported reflects number of RSUs earned.
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 2021, 2022 and 2023. 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 2023 are certified. Amount reported reflects number of RSUs earned.
/s/ Shaan Majmudar, by power of attorney
2024-02-23