Keith D. Taylor - Feb 15, 2022 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
Chief Financial Officer
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Feb 15, 2022
Transactions value $
-$821,306
Form type
4
Date filed
2/17/2022, 03:41 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 +1.45K +7.37% $0.00 21.2K Feb 15, 2022 Direct F1
transaction EQIX Common Stock Options Exercise $0 +1K +4.73% $0.00 22.2K Feb 15, 2022 Direct
transaction EQIX Common Stock Sale -$312K -468 -2.11% $667.35 21.7K Feb 16, 2022 Direct F2, F3
transaction EQIX Common Stock Sale -$254K -380 -1.75% $668.49 21.3K Feb 16, 2022 Direct F2, F4
transaction EQIX Common Stock Sale -$80.4K -120 -0.56% $669.78 21.2K Feb 16, 2022 Direct F2, F5
transaction EQIX Common Stock Sale -$107K -160 -0.75% $670.95 21K Feb 16, 2022 Direct F2, F6
transaction EQIX Common Stock Sale -$53.8K -80 -0.38% $671.97 21K Feb 16, 2022 Direct F2, F7
transaction EQIX Common Stock Sale -$13.5K -20 -0.1% $674.01 20.9K Feb 16, 2022 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 -1.45K -100% $0.00* 0 Feb 15, 2022 Common Stock 1.45K $0.00 Direct F8, F9
transaction EQIX Restricted Stock Unit Options Exercise $0 -1K -50.02% $0.00 1K Feb 15, 2022 Common Stock 1K $0.00 Direct F9, F10
* 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 $666.98 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 through 7 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 $668.00 to $668.92 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $669.29 to $670.12 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $670.59 to $671.38 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $671.64 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.