Michael Earl Campbell - Feb 15, 2022 Form 4 Insider Report for EQUINIX INC (EQIX)

Role: Chief Sales Officer
Signature: /s/ Samantha Lagocki, POA
Stock symbol: EQIX
Transactions as of: Feb 15, 2022
Transactions value $: -$534,049
Form type: 4
Date filed: 2/17/2022, 03:32 PM
Previous filing: Jan 20, 2022
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQIX	Common Stock	Options Exercise	$0	+988	+9.43%	$0.00	11.5K	Feb 15, 2022	Direct	F1
transaction	EQIX	Common Stock	Options Exercise	$0	+610	+5.32%	$0.00	12.1K	Feb 15, 2022	Direct
transaction	EQIX	Common Stock	Sale	-$152K	-228	-1.89%	$667.52	11.8K	Feb 16, 2022	Direct	F2, F3
transaction	EQIX	Common Stock	Sale	-$180K	-270	-2.28%	$668.43	11.6K	Feb 16, 2022	Direct	F2, F4
transaction	EQIX	Common Stock	Sale	-$201K	-300	-2.59%	$671.26	11.3K	Feb 16, 2022	Direct	F2, F5

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	-988	-100%	$0.00^*	0	Feb 15, 2022	Common Stock	988	$0.00	Direct	F6, F7
transaction	EQIX	Restricted Stock Unit	Options Exercise	$0	-610	-50%	$0.00	610	Feb 15, 2022	Common Stock	610	$0.00	Direct	F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 35 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2022.
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 $667.09 to $667.91, 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 footnotes 4 and 5 to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $668.33 to $668.54 inclusive.
F5	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $671.12 to $671.33 inclusive.
F6	On February 22, 2019, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2019. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 27, 2020, 25% vested on February 16, 2021 and the remaining 25% will on February 15, 2022, subject solely to continued service.
F7	Restricted stock unit award expires upon reporting person's termination of service.
F8	On February 26, 2020, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2020. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 19, 2021, 25% will vest on February 15, 2022 and the remaining 25% will vest on February 15, 2023, subject solely to continued service.