PETER VAN CAMP - 17 Jan 2023 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
Executive Chairman, Director
Signature
/s/ Samantha Lagocki, POA
Issuer symbol
EQIX
Transactions as of
17 Jan 2023
Net transactions value
-$327,376
Form type
4
Filing time
19 Jan 2023, 15:43:29 UTC
Previous filing
08 Aug 2022
Next filing
16 Feb 2023
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 +300 +4.3% $0.000000 7,287 17 Jan 2023 Direct
transaction EQIX Common Stock Options Exercise $0 +217 +3% $0.000000 7,504 17 Jan 2023 Direct
transaction EQIX Common Stock Options Exercise $0 +185 +2.5% $0.000000 7,689 17 Jan 2023 Direct
transaction EQIX Common Stock Options Exercise $0 +189 +2.5% $0.000000 7,878 17 Jan 2023 Direct
transaction EQIX Common Stock Sale $116,221 -165 -2.1% $704.37 7,713 18 Jan 2023 Direct F1, F2
transaction EQIX Common Stock Sale $68,455 -97 -1.3% $705.73 7,616 18 Jan 2023 Direct F1, F3
transaction EQIX Common Stock Sale $71,145 -100 -1.3% $711.45 7,516 18 Jan 2023 Direct F1
transaction EQIX Common Stock Sale $71,554 -100 -1.3% $715.54 7,416 18 Jan 2023 Direct F1

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 +300 $0.000000 300 17 Jan 2023 Common Stock 300 $0.000000 Direct F4, F5
transaction EQIX Restricted Stock Unit Options Exercise $0 -300 -100% $0.000000* 0 17 Jan 2023 Common Stock 300 $0.000000 Direct F4, F5
transaction EQIX Restricted Stock Unit Options Exercise $0 -217 -100% $0.000000* 0 17 Jan 2023 Common Stock 217 $0.000000 Direct F5, F6
transaction EQIX Restricted Stock Units Options Exercise $0 -185 -50% $0.000000 185 17 Jan 2023 Common Stock 185 $0.000000 Direct F5, F7
transaction EQIX Restricted Stock Unit Options Exercise $0 -189 -34% $0.000000 375 17 Jan 2023 Common Stock 189 $0.000000 Direct F5, F8
* 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 $704.08 to $704.56, 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 footnote 3 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 $705.42 to $705.73 inclusive.
F4 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 degree to which a relative Total Shareholder Return target was attained for the period January 1, 2020 to December 31, 2022. The Compensation Committee certified that the payout for this award would be 92.02% (out of a possible 100%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index.
F5 Restricted stock unit award expires upon reporting person's termination of service.
F6 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, 2021 and an additional 33.33% of the RSUs will each vest on January 15, 2022 and January 15, 2023.
F7 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, 2022 and an additional 33.33% of the RSUs will each vest on January 15, 2023 and January 15, 2024.
F8 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.