SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Salem-Jackson Kim

(Last)

(First)

(Middle)

145 BROADWAY

(Street)

CAMBRIDGE

02142

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2021

3. Issuer Name and Ticker or Trading Symbol
AKAMAI TECHNOLOGIES INC [ AKAM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, Chief Marketing Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,306	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Restricted Stock Units⁽¹⁾	⁽²⁾	03/04/2023	Common Stock	3,322	0.0	D
Restricted Stock Units⁽¹⁾	⁽³⁾	03/07/2021	Common Stock	719	0.0	D
Restricted Stock Units⁽¹⁾	⁽⁴⁾	03/04/2023	Common Stock	3,322	0.0	D
Restricted Stock Units⁽¹⁾	⁽⁵⁾	10/27/2021	Common Stock	3,516	0.0	D
Restricted Stock Units⁽¹⁾	⁽³⁾	02/13/2023	Common Stock	2,691	0.0	D
Restricted Stock Units⁽¹⁾	⁽³⁾	02/15/2022	Common Stock	3,535	0.0	D
TSR Restricted Stock Units⁽¹⁾	⁽⁶⁾	03/04/2023	Common Stock	1,661	0.0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.

2. Vesting of such RSUs is dependent on Akamai's achievement of a specified financial performance targets for each of 2020, 2021 and 2022. To the extent such targets are met, the RSUs will vest on the date the company's financial results for 2022 are certified. Amount reported is maximum issuable.

3. RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant with the remaining 2/3 vesting in equal installments of 8-1/3% each quarter thereafter.

4. RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

5. RSUs vest over four years as follows: 25% on the first anniversary of the date of grant, and the remaining 75% vests in equal installments of 6.25% each quarter thereafter.

6. 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 2020, 2021 and 2022. 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 2022 are certified. Amount reported is maximum issuable.

Remarks:

	/s/ Shaan K. Majmudar, as power of attorney	03/02/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.