PETER VAN CAMP - 14 Feb 2023 Form 4 Insider Report for EQUINIX INC (EQIX)

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, 15:43:02 UTC
Previous filing
19 Jan 2023
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +164 +2.2% $0.000000 7,580 15 Feb 2023 Direct
transaction EQIX Common Stock Options Exercise $0 +160 +2.1% $0.000000 7,740 15 Feb 2023 Direct
transaction EQIX Common Stock Options Exercise $0 +358 +4.6% $0.000000 8,098 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 +559 $0.000000 559 14 Feb 2023 Common Stock 559 $0.000000 Direct F1, F2
transaction EQIX Restricted Stock Unit Award $0 +716 $0.000000 716 15 Feb 2023 Common Stock 716 $0.000000 Direct F2, F3
transaction EQIX Restricted Stock Unit Options Exercise $0 -164 -100% $0.000000* 0 15 Feb 2023 Common Stock 164 $0.000000 Direct F2, F4
transaction EQIX Restricted Stock Unit Options Exercise $0 -160 -50% $0.000000 160 15 Feb 2023 Common Stock 160 $0.000000 Direct F2, F5
transaction EQIX Restricted Stock Unit Options Exercise $0 -358 -50% $0.000000 358 15 Feb 2023 Common Stock 358 $0.000000 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, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026.
F2 Restricted stock unit award expires upon reporting person's termination of service.
F3 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.
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 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.
F5 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.