Akamai director granted 1,706 deferred stock units
Killalea Peter Thomas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Killalea Peter Thomas reported acquisition or exercise transactions in this Form 4 filing.
Akamai Technologies director Peter Thomas Killalea received a grant of 1,706 deferred stock units. Each unit represents the right to receive one share of Akamai common stock upon vesting. The deferred stock units vest one year after the grant date.
The reporting person elected to delay actual share distribution until the earlier of May 13, 2036, a qualifying change in control, separation from service, or death. Following this grant, the director holds 1,706 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,706 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Akamai common stock upon vesting.
- F2. Deferred stock units vest one year following the grant date; however, the Reporting Person elected to defer distribution until the earlier to occur of (i) May 13, 2036, (ii) a change in control (as defined under Code Section 409A), (iii) separation from service, or (iv) death.
Key Figures
Key Terms
Deferred Stock Units financial
change in control financial
Code Section 409A financial
FAQ
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How many Akamai (AKAM) deferred stock units were granted in this Form 4?
What are deferred stock units in the Akamai (AKAM) Form 4 filing?
When do the Akamai (AKAM) deferred stock units granted to the director vest?
Was the Akamai (AKAM) Form 4 transaction an open-market stock purchase or sale?
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