Edgar Filing: AKAMAI TECHNOLOGIES INC

PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(3)
(TO PROSPECTUS DATED DECEMBER 15, 2000) REGISTRATION NO. 333-45696

AKAMAI TECHNOLOGIES, INC.

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$300,000,000 PRINCIPAL AMOUNT OF
5 1/2% CONVERTIBLE SUBORDINATED NOTES
DUE 2007

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2,598,077 SHARES OF COMMON STOCK
$0.01 PAR VALUE PER SHARE

The information in this prospectus supplement concerning the selling
securityholders supplements the statements set forth under the caption "Selling
Securityholders" in the prospectus. Capitalized items used and not defined
herein shall have the meanings given to them in the prospectus. The information
set forth under the caption "Selling Securityholders" in the prospectus is
supplemented as follows:

SELLING SECURITYHOLDERS

We originally sold the convertible notes on June 20, 2000 to Donaldson,
Lufkin & Jenrette Securities Corporation, Morgan Stanley & Co. Incorporated,
Salomon Smith Barney Inc. and Thomas Weisel Partners LLC. The initial purchasers
of the convertible notes have advised us that the convertible notes were resold
in transactions exempt from the registration requirements of the Securities Act
to (1) "qualified institutional buyers," as defined in Rule 144A of the
Securities Act, and (2) a limited number of accredited investors in transactions
exempt from registration under the Securities Act. These subsequent purchasers,
or their transferees, pledgees, donees or successors, may from time to time
offer and sell any or all of the convertible notes and/or shares of the common
stock issuable upon conversion of the convertible notes pursuant to this
prospectus.

The convertible notes and the shares of common stock issuable upon
conversion of the convertible notes are being registered in accordance with the
registration rights agreement. Pursuant to the registration rights agreement, we
are required to file a registration statement with regard to the convertible
notes and the shares of our common stock issuable upon conversion of the
convertible notes and to keep the registration statement effective until the
earlier of:

(1) the sale of all the securities registered pursuant to the registration
rights agreement and

(2) the expiration of the holding period applicable to these securities
under Rule 144(k) under the Securities Act or any successor provision.

The selling securityholders may choose to sell convertible notes and/or the
shares of common stock issuable upon conversion of the convertible notes from
time to time. See "Plan of Distribution."

The following table sets forth:

(1) the name of each selling securityholder who has provided us with notice
as of the date of this prospectus pursuant to the registration rights
agreement that they may intend to sell or otherwise dispose of
convertible notes and/or shares of common stock issuable upon
conversion of the convertible notes pursuant to the registration
statement,

(2) the principal amount of convertible notes and the number of shares of
our common stock issuable upon conversion of the convertible notes
which they may sell from time to time pursuant to the registration
statement, and

(3) the amount of outstanding convertible notes and our common stock

beneficially owned by the selling securityholder prior to the offering,
assuming no conversion of the convertible notes.

To our knowledge, no selling securityholder nor any of its affiliates has
held any position or office with, been employed by or otherwise has had any
material relationship with us or our affiliates, during the three years prior to
the date of this prospectus.

A selling securityholder may offer all or some portion of the convertible
notes and shares of the common stock issuable upon conversion of the convertible
notes. Accordingly, no estimate can be given as to the amount or percentage of
convertible notes or our common stock that will be held by the selling
securityholders upon termination of sales pursuant to this prospectus. In
addition, the selling securityholders identified below may have sold,
transferred or disposed of all or a portion of their convertible notes since the
date on which they provided the information regarding their holdings in
transactions exempt from the registration requirements of the Securities Act.

The information contained under the column heading "Shares That May be
Sold" represents shares issuable upon conversion of the principal amount of
convertible notes listed and assumes conversion of the full amount of the
convertible notes at the initial rate of $115.47 in principal amount of the
convertible notes per share of the common stock.

AMOUNT OF 5 1/2% AMOUNT OF 5 1/2%
CONVERTIBLE CONVERTIBLE NOTES SHARES OF COMMON
NOTES THAT MAY OWNED BEFORE SHARES THAT STOCK OWNED
NAME BE SOLD OFFERING MAY BE SOLD BEFORE OFFERING
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AIG/National Union Fire Insurance..... $ 575,000 $ 575,000 4,980 0
AIG SoundShore Opportunity Holding
Fund Ltd. .......................... 5,250,000 5,250,000 45,466 0
AIG SoundShore Strategic Holding Fund
Ltd. ............................... 4,750,000 4,750,000 41,136 0
Alexandra Global Investment Fund I
Ltd................................. 4,000,000 4,000,000 34,641 0
Allstate Insurance Company ........... 1,600,000 1,600,000 13,856 0
Alta Partners Holdings, LDC........... 7,000,000 7,000,000 60,622 0
Argent Classic Convertible Arbitrage
Fund (Bermuda) L.P. ................ 3,000,000 3,000,000 25,981 0
Bank Austria Cayman Island, Ltd....... 3,000,000 3,000,000 25,981 0
Canyon Capital Arbitrage Master Fund,
Ltd. ............................... 1,000,000 1,000,000 8,660 0
Canyon Value Realization (Cayman)
Ltd. ............................... 8,770,000 8,770,000 75,950 0
Canyon Value Realization Fund
(Cayman), Ltd. ...................... 3,000,000 3,000,000 25,981 0
Capital Markets Transactions, Inc. ... 2,000,000 2,000,000 17,321 0
Chrysler Corporation Master Retirement
Trust............................... 2,680,000 2,680,000 23,209 0
CIBC World Markets.................... 10,000,000 10,000,000 86,603 0
Clinton Riverside Convertible
Portfolio Limited................... 3,500,000 3,500,000 30,311 0
Credit Research & Trading LLC......... 1,256,000 1,256,000 10,877 0
Credit Suisse First Boston
Corporation......................... 15,775,000 15,775,000 136,616 0
Deephaven Domestic Convertible Trading
Ltd. ............................... 5,000,000 5,000,000 43,301 0
Delaware PERS......................... 1,825,000 1,825,000 15,805 0
Delphi Financial Group, Inc. ......... 300,000 300,000 2,598 0
Deutsche Bank Securities Inc. ........ 72,549,000 72,549,000 628,293 0
Donaldson, Lufkin & Jenrette
Securities Corp. ................... 1,125,000 1,125,000 9,743 0
Evergreen Equity Income Fund ......... 4,000,000 4,000,000 34,641 0
First Union Securities Inc. .......... 1,050,000 1,050,000 9,093 0
GLG Market Neutral Fund............... 22,000,000 22,000,000 190,526 0
Goldman Sachs and Company............. 27,165,000 27,165,000 235,256 0
Helix Convertible Opportunities
Master Fund LP ..................... 3,600,000 3,600,000 31,177 0
Hull Overseas Ltd. ................... 500,000 500,000 4,330 0
IBM Retirement Plan................... 250,000 250,000 2,165 0
ICI American Holdings Trust........... 975,000 975,000 8,444 0
Island Holdings....................... 35,000 35,000 303 0
Jefferies & Company, Inc. ............ 7,300,000 7,300,000 63,220 0
JMG Capital Partners, LP.............. 3,250,000 3,250,000 28,146 0
JMG Triton Offshore Fund, Ltd. ....... 13,250,000 13,250,000 114,748 0
J.M. Hull Associates, L.P. ........... 500,000 500,000 4,330 0
J.P. Morgan Securities, Inc. ......... 17,500,000 17,500,000 151,555 0
KBC Financial Products USA Inc. ...... 2,750,000 2,750,000 23,816 0
Key Asset Management, Inc. as
agent for The Victory Convertible
Securities Fund..................... 700,000 700,000 6,062 0
Lazard Freres Banque.................. 1,500,000 1,500,000 12,990 0
Lehman Brothers International
(Europe)............................ 2,000,000 2,000,000 17,321 0
Massachusetts Mutual Life Insurance
Company............................. 4,475,000 4,475,000 38,755 100
MassMutual Corporate Investors........ 1,525,000 1,525,000 13,207 0
McMahan Securities Co. L.P. .......... 55,000 55,000 476 0
Morgan Stanley & Co. ................. 15,000,000 15,000,000 129,904 0
Motion Picture Industry Health Plan --
Active Member Fund.................. 320,000 320,000 2,771 0

Motion Picture Industry Health Plan --
Retiree Member Fund................. 155,000 155,000 1,342 0
Nalco Chemical Company................ 225,000 225,000 1,949 0
New York Life Insurance Company....... 7,000,000 7,000,000 60,622 0
NYSKOPUNARSJODUR...................... 50,000 50,000 433 0
OCM Convertible Limited Partnership... 80,000 80,000 693 0
OCM Convertible Limited Trust......... 1,185,000 1,185,000 10,262 0
Pacific Life Insurance Company........ 500,000 500,000 4,330 0
R(2) Investments, LDC................. 5,000,000 5,000,000 43,301 0
Reliance Standard Life Insurance Co... 500,000 500,000 4,330 0
Robertson Stephens.................... 10,000,000 10,000,000 86,603 0
Sagamore Hill Hub Fund, Ltd. ......... 5,000,000 5,000,000 43,301 0
San Diego County Employee's Retirement
Association......................... 250,000 250,000 2,165 0
St. Albans Partners Ltd. ............. 1,050,000 1,050,000 9,093 0
Starvest Combined Portfolio........... 700,000 700,000 6,062 0
State Employees' Retirement Fund of
the State of Delaware............... 1,355,000 1,355,000 11,735 0
State of Connecticut Combined
Investment Funds.................... 2,995,000 2,995,000 25,937 0
State of Oregon -- Equity............. 5,900,000 5,900,000 51,096 0
Stephenson Ventures................... 400,000 400,000 3,464 40,500
TCW Group, Inc. ..................... 6,140,000 6,140,000 53,174 0
The Common Fund Fixed Income
Arbitrage Co. ...................... 400,000 400,000 3,464 0
Tribeca Investments, L.L.C. ......... 27,500,000 27,500,000 238,157 0
Value Realization Fund, LP............ 8,850,000 8,850,000 76,643 0
Value Realization Fund B, LP.......... 300,000 300,000 2,598 0
Vanguard Convertible Securities Fund,
Inc. ............................... 3,330,000 3,330,000 28,839 0
Zeneca Holdings Trust................. 750,000 750,000 6,495 0
Zurich HFR Master Hedge Fund Ltd. .... 600,000 600,000 5,196 0
Zurich HFR Master Hedge Index Ltd. ... 600,000 600,000 5,196 0

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If, after the date of this prospectus, a securityholder notifies us
pursuant to the registration rights agreement of its intent to dispose of
convertible notes pursuant to the registration statement, we may supplement this
prospectus to include that information.

The date of this prospectus supplement is April 23, 2002.