0001086222-24-000078.txt : 20240306
0001086222-24-000078.hdr.sgml : 20240306
20240306164802
ACCESSION NUMBER: 0001086222-24-000078
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Joseph Paul C
CENTRAL INDEX KEY: 0001845574
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27275
FILM NUMBER: 24726632
MAIL ADDRESS:
STREET 1: C/O AKAMAI TECHNOLOGIES, INC.
STREET 2: 145 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_1709761658.xml
FORM 4
X0508
4
2024-03-04
0
0001086222
AKAMAI TECHNOLOGIES INC
AKAM
0001845574
Joseph Paul C
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE
MA
02142
0
1
0
0
EVP - Global Sales
0
Common Stock
2024-03-06
4
M
0
6671
0
A
40100
I
See footnote
Common Stock
2024-03-06
4
F
0
3226
109.38
D
36874
I
See footnote
Performance Restricted Stock Units
0
2024-03-04
4
A
0
6789
0
A
2027-03-05
Common Stock
6789
6789
D
TSR Restricted Stock Units
0
2024-03-04
4
A
0
10184
0
A
2027-03-05
Common Stock
10184
10184
D
Restricted Stock Units
0
2024-03-04
4
A
0
16973
0
A
2027-03-05
Common Stock
16973
16973
D
Restricted Stock Units
0
2024-03-06
4
M
0
6671
0
D
2026-03-07
Common Stock
6671
13345
D
Held by PJ Joseph Trust 2020 for which the Reporting Person serves as trustee.
Each performance restricted stock unit ("PRSU") represents the right to receive one share of Akamai common stock upon vesting.
Vesting of such PRSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2024, 2025 and 2026. To the extent such targets are met, the PRSUs will vest on the date the company's financial results for 2026 are certified. Amount reported is target issuable.
Each TSR Restricted Stock Unit ("TSR RSU") represents the right to receive one share of Akamai common stock upon vesting.
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 2024, 2025 and 2026. 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 2026 are certified. Amount reported is target issuable.
Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.
Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
/s/ Thomas M. Lair, as power of attorney
2024-03-06