Mani Sundaram - Mar 7, 2025 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP and GM Security
Signature
/s/ Thomas M. Lair, as power of attorney
Stock symbol
AKAM
Transactions as of
Mar 7, 2025
Transactions value $
-$1,057,748
Form type
4
Date filed
3/7/2025, 06:06 PM
Previous filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise +3.33K +10.12% 36.3K Mar 7, 2025 See footnote F1, F2
transaction AKAM Common Stock Tax liability -$133K -1.61K -4.44% $82.81 34.7K Mar 7, 2025 See footnote F2
transaction AKAM Common Stock Sale -$560K -6.5K -18.74% $86.12 28.2K Mar 7, 2025 See footnote F2, F3
transaction AKAM Common Stock Sale -$271K -3.11K -11.04% $87.13 25.1K Mar 7, 2025 See footnote F2, F3
transaction AKAM Common Stock Sale -$93.7K -1.08K -4.29% $87.14 24K Mar 7, 2025 See footnote F2, F3
holding AKAM Common Stock 62.3 Mar 7, 2025 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AKAM Restricted Stock Units Options Exercise $0 -3.33K -100% $0.00 0 Mar 7, 2025 Common Stock 3.33K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F2 Held by The MMMM Family Living Trust, of which Mr. Sundaram is a trustee.
F3 Sale was made pursuant to a Rule 10b5-1 Plan adopted by Mr. Sundaram on December 4, 2024.
F4 As of March 4, 2025.
F5 On March 7, 2022, Mr. Sundaram was granted 9,999 RSUs. Such RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.