Charles J. Meyers - 15 Feb 2022 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
CEO and President
Signature
/s/ Samantha Lagocki, POA
Issuer symbol
EQIX
Transactions as of
15 Feb 2022
Net transactions value
-$1,817,795
Form type
4
Filing time
17 Feb 2022, 15:35:03 UTC
Previous filing
15 Feb 2022
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +3,344 +17% $0.000000 23,073 15 Feb 2022 Direct
transaction EQIX Common Stock Options Exercise $0 +2,886 +13% $0.000000 25,959 15 Feb 2022 Direct
transaction EQIX Common Stock Sale $300,077 -450 -1.7% $666.84 25,509 16 Feb 2022 Direct F1, F2
transaction EQIX Common Stock Sale $460,842 -690 -2.7% $667.89 24,819 16 Feb 2022 Direct F1, F3
transaction EQIX Common Stock Sale $401,337 -600 -2.4% $668.89 24,219 16 Feb 2022 Direct F1, F4
transaction EQIX Common Stock Sale $140,707 -210 -0.87% $670.03 24,009 16 Feb 2022 Direct F1, F5
transaction EQIX Common Stock Sale $414,030 -617 -2.6% $671.04 23,392 16 Feb 2022 Direct F1, F6
transaction EQIX Common Stock Sale $100,802 -150 -0.64% $672.01 23,242 16 Feb 2022 Direct F1, F7

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 -3,344 -100% $0.000000* 0 15 Feb 2022 Common Stock 3,344 $0.000000 Direct F8, F9
transaction EQIX Restricted Stock Unit Options Exercise $0 -2,886 -50% $0.000000 2,886 15 Feb 2022 Common Stock 2,886 $0.000000 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $666.35 to $667.29, 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 3 through 7 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $667.39 to $668.39 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $668.52 to $669.50 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $669.55 to $670.3148 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $670.65 to $671.49 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $671.82 to $672.18 inclusive.
F8 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.
F9 Restricted stock unit award expires upon reporting person's termination of service.
F10 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.