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AKAM Akamai Technologies Inc

101.68
-0.11 (-0.11%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Akamai Technologies Inc NASDAQ:AKAM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -0.11% 101.68 101.44 102.18 102.62 101.66 102.18 820,088 22:14:17

Statement of Changes in Beneficial Ownership (4)

04/01/2022 9:16pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Verwaayen Bernardus Johannes Maria
2. Issuer Name and Ticker or Trading Symbol

AKAMAI TECHNOLOGIES INC [ AKAM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

1/1/2022
(Street)

CAMBRIDGE, MA 02142
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1/1/2022  M  3223 A$0 3223 D  
Common Stock 1/1/2022  M  4830 A$0 8053 D  
Common Stock 1/1/2022  M  3219 A$0 11272 D  
Common Stock 1/1/2022  M  5158 A$0 16430 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units (1)$0.0 1/1/2022  M     3223  6/1/2019 (2)1/2/2022 Common Stock 3223.0 $0 0 D  
Deferred Stock Units (1)$0.0 1/1/2022  M     4830  5/11/2017 (3)1/2/2022 Common Stock 4830.0 $0 0 D  
Deferred Stock Units (1)$0.0 1/1/2022  M     3219  5/13/2016 (4)1/2/2022 Common Stock 3219.0 $0 0 D  
Deferred Stock Units (1)$0.0 1/1/2022  M     5158  5/17/2018 (5)1/2/2022 Common Stock 5158.0 $0 0 D  

Explanation of Responses:
(1) Deferred stock units ("DSUs") represent the right to receive one share of Akamai common stock upon vesting; however, the recipient may elect to defer distribution until a later date.
(2) DSUs vested on June 1, 2019, but distribution was deferred until January 1, 2022.
(3) DSUs vested on May 11, 2017, but distribution was deferred until January 1, 2022.
(4) DSUs vested on May 13, 2016, but distribution was deferred until January 1, 2022.
(5) DSUs vested on May 17, 2018, but distribution was deferred until January 1, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Verwaayen Bernardus Johannes Maria
C/O AKAMAI TECHNOLOGIES, INC.
145 BROADWAY
CAMBRIDGE, MA 02142
X



Signatures
/s/ Laura Howell, by power of attorney1/4/2022
**Signature of Reporting PersonDate

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