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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $ 25.32 | 02/05/2010 | A | 93,023 | (3) | 02/05/2017 | Common Stock | 93,023 | $ 25.32 | 93,023 | D | ||||
Restricted Stock Units (4) | $ 0 | 02/05/2010 | M | 4,200 | (5) | (8) | Common Stock | 4,200 | $ 0 | 0 | D | ||||
Restricted Stock Units (4) | $ 0 | 02/05/2010 | M | 19,165 | (6) | (8) | Common Stock | 19,165 | $ 0 | 19,171 | D | ||||
Restricted Stock Units (4) | $ 0 | 02/05/2010 | M | 26,816 | (7) | (8) | Common Stock | 26,816 | $ 0 | 53,635 | D | ||||
Restricted Stock Units (4) | $ 0 | 02/05/2010 | M | 26,816 | (7) | (8) | Common Stock | 26,816 | $ 0 | 53,634 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SAGAN PAUL AKAMAI TECHNOLOGIES INC 8 CAMBRIDGE CENTER CAMBRIDGE, MA 02142 |
X | Chief Executive Officer |
/s/ Paul Sagan | 02/05/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Held by the Paul Sagan Revocable Trust. Mr. Sagan disclaims beneficial ownership of shares held by the Paul Sagan Revocable Trust except to the extent of his pecuniary interest therein. |
(2) | Held in trust on behalf of Mr. Sagan's children. |
(3) | Option vests as follows: 25% on February 5, 2011, and the remaining 75% vests in equal installments of 6.25% each quarter thereafter. |
(4) | Each restricted stock unit ("RSU") represnts the right to receive one share of common stock upon vesting. |
(5) | RSUs vest in three 33% annual installments on the second business day following the date on which the Company releases its financial results for each of 2007, 2008 and 2009 if Akamai achieves certain corporate performance objectives during such years. |
(6) | RSUs vest in three 33% annual installments on the second business day following the date on which the Company releases its financial results for each of 2008, 2009 and 2010 if Akamai achieves certain corporate performance objectives during such years. |
(7) | RSUs vest in three 33% annual installments on the second business day following the date on which the Company releases its financial results for each of 2009, 2010 and 2011 if Akamai achieves certain corporate performance objectives during such years. |
(8) | Not applicable. |