Keith D. Taylor - Feb 23, 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 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 03:39 PM
Previous filing
Feb 17, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +2.26K +10.81% $0.00 23.2K Feb 24, 2022 Direct

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 Award $0 +4.51K $0.00 4.51K Feb 23, 2022 Common Stock 4.51K $0.00 Direct F1, F2
transaction EQIX Restricted Stock Unit Award $0 +4.53K $0.00 4.53K Feb 24, 2022 Common Stock 4.53K $0.00 Direct F2, F3
transaction EQIX Restricted Stock Unit Options Exercise $0 -2.26K -50.01% $0.00 2.26K Feb 24, 2022 Common Stock 2.26K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2023 and an additional 33.33% of the RSUs will each vest on January 15, 2024 and January 15, 2025.
F2 Restricted stock unit award expires upon reporting person's termination of service.
F3 On February 18, 2021, 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 2021. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 24, 2022, 25% will vest on February 15, 2023 and the remaining 25% will on February 15, 2024, subject solely to continued service.