secwatch.observer — SEC 8-K summary
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Issuer:     AKAMAI TECHNOLOGIES INC (AKAM)
CIK:        0001086222
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0001086222-22-000167
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Akamai shareholders approve 2M-share increase in stock incentive plan; elect 10 directors
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- Shareholders approved Second Amended & Restated 2013 Stock Incentive Plan, increasing authorized shares by 2,000,000 and extending plan to May 12, 2032.
- All ten director nominees elected: Sharon Bowen, Marianne Brown, Monte Ford, Dan Hesse, Tom Killalea, Tom Leighton, Jonathan Miller, Madhu Ranganathan, Ben Verwaayen, Bill Wagner.
- Advisory 'say-on-pay' proposal on executive compensation approved with 111.8M votes for and 15.7M against.
- Ratification of PricewaterhouseCoopers as independent auditor for FY2022 approved with 121.2M votes for and 12.7M against.
- Second Amended Plan also removes Section 162(m) provisions and updates change-in-control treatment for equity awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086222/000108622222000167/0001086222-22-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086222/000108622222000167/akam-20220512.htm
  HTML page:      https://secwatch.observer/filing/0001086222-22-000167

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