Item 1.01. Entry Into a Material Definitive Agreement

On December 16, 2021, Akamai Technologies, Inc. (the "Company") entered into the First Supplemental Indenture (the "Supplemental Indenture for 2025 Notes") to the Indenture, dated May 21, 2018 (the "2018 Indenture"), between the Company and U.S. Bank National Association ("U.S. Bank"), as trustee, governing the Company's outstanding 0.125% Convertible Senior Notes due 2025 (the "2025 Notes"). Pursuant to the Supplemental Indenture for 2025 Notes, the Company irrevocably elected (i) to eliminate the Company's option to elect Physical Settlement (as defined in the 2018 Indenture) on any conversion of 2025 Notes that occurs on or after the date of the Supplemental Indenture for 2025 Notes and (ii) that, with respect to any Combination Settlement (as defined in the 2018 Indenture) for a conversion of the 2025 Notes, the Specified Dollar Amount (as defined in the 2018 Indenture) that will be settled in cash per $1,000 principal amount of the 2025 Notes shall be no lower than $1,000. The 2018 Indenture was filed as Exhibit 4.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on May 22, 2018.

On December 16, 2021, the Company entered into the First Supplemental Indenture (the "Supplemental Indenture for 2027 Notes") to the Indenture, dated August 16, 2019 (the "2019 Indenture"), between the Company and U.S. Bank, as trustee, governing the Company's outstanding 0.375% Convertible Senior Notes due 2027 (the "2027 Notes"). Pursuant to the Supplemental Indenture for 2027 Notes, the Company irrevocably elected (i) to eliminate the Company's option to elect Physical Settlement (as defined in the 2019 Indenture) on any conversion of 2027 Notes that occurs on or after the date of the Supplemental Indenture for 2027 Notes and (ii) that, with respect to any Combination Settlement (as defined in the 2019 Indenture) for a conversion of the 2027 Notes, the Specified Dollar Amount (as defined in the 2019 Indenture) that will be settled in cash per $1,000 principal amount of the 2027 Notes shall be no lower than $1,000. The 2019 Indenture was filed as Exhibit 4.1 to the Company's Current Report on Form 8-K filed with the SEC on August 16, 2019.

The foregoing descriptions of the Supplemental Indenture for 2025 Notes and the Supplemental Indenture for 2027 Notes do not purport to be complete and are qualified in their entirety by reference to the complete text of the Supplemental Indenture for 2025 Notes and the Supplemental Indenture for 2027 Notes, copies of which are filed as Exhibit 4.1 and Exhibit 4.2, respectively, hereto and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits



(d) Exhibits

Exhibit No.              Description
                           First Supplemental Indenture with respect to 0.125% Convertible Senior
                         Notes due 2025, dated December 16, 2021, between Akamai Technologies, Inc.
4.1                      and U.S. Bank National Association, as trustee
                           First Supplemental Indenture with respect to 0.375% Convertible Senior
                         Notes due 2027, dated December 16, 2021, between Akamai Technologies, Inc.
4.2                      and U.S. Bank National Association, as trustee
                         Cover page interactive data file (the cover page XBRL tags are embedded
104                      within the inline XBRL document)

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