Brandi Galvin Morandi - Mar 1, 2023 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
Chief Legal and HR Officer
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Mar 1, 2023
Transactions value $
-$43,907
Form type
4
Date filed
3/3/2023, 05:32 PM
Previous filing
Feb 17, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +132 +0.65% $0.00 20.5K Mar 1, 2023 Direct
transaction EQIX Common Stock Sale -$3.98K -6 -0.03% $662.80 20.5K Mar 2, 2023 Direct F1, F2
transaction EQIX Common Stock Sale -$6.64K -10 -0.05% $664.37 20.5K Mar 2, 2023 Direct F1
transaction EQIX Common Stock Sale -$33.3K -50 -0.24% $665.73 20.4K Mar 2, 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 Options Exercise $0 -132 -100% $0.00* 0 Mar 1, 2023 Common Stock 132 $0.00 Direct F3, F4
* 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 $662.7682 to $662.9351, 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 this footnote to this Form 4.
F3 Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on September 1, 2020 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested.
F4 Restricted stock unit award expires upon reporting person's termination of service.