secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2022-02-25T23:59:59+00:00
Accession:  0001086222-22-000054
Event type: other
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Akamai sets 2022 executive comp: base salaries, bonuses, RSU grants tied to revenue and OI targets
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- CEO Leighton: base $1, target bonus $1.5M, max $3.3M; RSUs up to $16M (annual $4M, corp perf $4M, stock perf $2M target).
- CFO McGowan: base $515K, target 85%, max 187%; annual RSU $1.5M, corp perf $1.5M, stock perf $750K.
- CTO Blumofe: base $505K, target 80%, max 176%; annual RSU $920K, corp perf $920K, stock perf $460K.
- COO Karon: base $550K, target 100%, max 220%; annual RSU $1.8M, corp perf $1.8M, stock perf $900K.
- Performance metrics: 50% revenue, 50% adjusted OI with ESG modifier (+/-10%); equity vests based on TSR vs S&P 500 IT index.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622222000054/0001086222-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622222000054/akam-20220218.htm
  HTML page:      https://secwatch.observer/filing/0001086222-22-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer