Karl Strohmeyer - Sep 1, 2021 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
Chief Customer & Rev Officer
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Sep 1, 2021
Transactions value $
-$2,108,346
Form type
4
Date filed
9/3/2021, 04:18 PM
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +132 +1.13% $0.00 11.8K Sep 1, 2021 Direct
transaction EQIX Common Stock Sale -$2.06M -2.38K -20.07% $866.93 9.46K Sep 1, 2021 Direct F1
transaction EQIX Common Stock Sale -$42.4K -49 -0.52% $866.07 9.41K Sep 2, 2021 Direct F2, F3
transaction EQIX Common Stock Sale -$6.94K -8 -0.09% $867.47 9.4K Sep 2, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EQIX Restricted Stock Unit Options Exercise $0 -132 -25% $0.00 396 Sep 1, 2021 Common Stock 132 $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $866.60 to $867.05, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2 Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $866.05 to $866.5735, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F4 Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on September 1, 2020 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested.
F5 Restricted stock unit award expires upon reporting person's termination of service.