Sec Form 4 Filing - SAGAN PAUL @ AKAMAI TECHNOLOGIES INC - 2019-05-15

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
SAGAN PAUL
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)
AKAMAI TECHNOLOGIES INC, 150 BROADWAY
3. Date of Earliest Transaction (MM/DD/YY)
05/15/2019
(Street)
CAMBRIDGE, MA02142
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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, par value $.01 per share 05/15/2019 M 12,072 ( 1 ) A $ 0 71,750 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units ( 2 ) $ 0 05/15/2019 M 4,580 ( 2 ) ( 3 ) Common Stock 4,580 $ 0 0 D
Deferred Stock Units ( 2 ) $ 0 05/15/2019 M 4,532 05/14/2015( 2 ) ( 3 ) Common Stock 4,532 $ 0 0 D
Deferred Stock Units ( 4 ) $ 0 05/15/2019 M 2,960 05/15/2019 ( 3 ) Common Stock 2,960 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SAGAN PAUL
AKAMAI TECHNOLOGIES INC
150 BROADWAY
CAMBRIDGE, MA02142
X
Signatures
/s/ James H. Hammons, Jr., by power of atty 05/17/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents total of all deferred unit distributions ("DSUs") on May 15, 2019 reflected on Table II below.
( 2 )DSUs represent the right to receive one share of Akamai common stock upon vesting. Distribution of these vested DSUs was deferred until Mr. Sagan's departure from the Board of Directors on May 15, 2019.
( 3 )Not applicable.
( 4 )Each DSU represents the right to receive 1 share of common stock upon vesting.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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