KARL STROHMEYER - 14 Feb 2023 Form 4 Insider Report for EQUINIX INC (EQIX)

Role: Chief Customer & Rev Officer
Signature: /s/ Samantha Lagocki, POA
Issuer symbol: EQIX
Transactions as of: 14 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 16 Feb 2023, 15:24:15 UTC
Previous filing: 19 Jan 2023
Next filing: 17 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	+862	+4.2%	$0.000000	21,331	15 Feb 2023	Direct	F1
transaction	EQIX	Common Stock	Options Exercise	$0	+1,077	+5%	$0.000000	22,408	15 Feb 2023	Direct
transaction	EQIX	Common Stock	Options Exercise	$0	+2,864	+13%	$0.000000	25,272	15 Feb 2023	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	+4,750		$0.000000	4,750	14 Feb 2023	Common Stock	4,750	$0.000000	Direct	F2, F3
transaction	EQIX	Restricted Stock Unit	Award	$0	+5,728		$0.000000	5,728	15 Feb 2023	Common Stock	5,728	$0.000000	Direct	F3, F4
transaction	EQIX	Restricted Stock Unit	Options Exercise	$0	-862	-100%	$0.000000^*	0	15 Feb 2023	Common Stock	862	$0.000000	Direct	F3, F5
transaction	EQIX	Restricted Stock Units	Options Exercise	$0	-1,077	-50%	$0.000000	1,076	15 Feb 2023	Common Stock	1,077	$0.000000	Direct	F3, F6
transaction	EQIX	Restricted Stock Unit	Options Exercise	$0	-2,864	-50%	$0.000000	2,864	15 Feb 2023	Common Stock	2,864	$0.000000	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2023.
F2	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, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026.
F3	Restricted stock unit award expires upon reporting person's termination of service.
F4	On February 23, 2022, 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 2022. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2023, 25% will vest on February 15, 2024 and the remaining 25% will vest on February 15, 2025, subject solely to continued service.
F5	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.
F6	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.