Charles J. Meyers - Jan 16, 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Jan 16, 2024
Transactions value $
-$5,740,490
Form type
4
Date filed
1/18/2024, 04:53 PM
Previous filing
Aug 14, 2023
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +4.7K +61.48% $0.00 12.3K Jan 16, 2024 Direct
transaction EQIX Common Stock Options Exercise $0 +3.71K +30.06% $0.00 16K Jan 16, 2024 Direct
transaction EQIX Common Stock Options Exercise $0 +3.76K +23.42% $0.00 19.8K Jan 16, 2024 Direct
transaction EQIX Common Stock Options Exercise $0 +3.73K +18.81% $0.00 23.5K Jan 16, 2024 Direct
transaction EQIX Common Stock Sale -$317K -400 -1.7% $791.51 23.1K Jan 17, 2024 Direct F1, F2
transaction EQIX Common Stock Sale -$267K -336 -1.45% $793.42 22.8K Jan 17, 2024 Direct F1, F3
transaction EQIX Common Stock Sale -$925K -1.17K -5.11% $794.40 21.6K Jan 17, 2024 Direct F1, F4
transaction EQIX Common Stock Sale -$1.33M -1.67K -7.73% $795.27 20K Jan 17, 2024 Direct F1, F5
transaction EQIX Common Stock Sale -$478K -600 -3.01% $796.61 19.4K Jan 17, 2024 Direct F1, F6
transaction EQIX Common Stock Sale -$80.1K -100 -0.52% $800.64 19.3K Jan 17, 2024 Direct F1, F7
transaction EQIX Common Stock Sale -$241K -300 -1.56% $801.76 19K Jan 17, 2024 Direct F1, F8
transaction EQIX Common Stock Sale -$80.3K -100 -0.53% $803.30 18.9K Jan 17, 2024 Direct F1, F9
transaction EQIX Common Stock Sale -$322K -400 -2.12% $805.01 18.5K Jan 17, 2024 Direct F1, F10
transaction EQIX Common Stock Sale -$161K -200 -1.08% $805.75 18.3K Jan 17, 2024 Direct F1
transaction EQIX Common Stock Sale -$485K -600 -3.29% $808.17 17.7K Jan 17, 2024 Direct F1, F11
transaction EQIX Common Stock Sale -$486K -600 -3.4% $809.67 17.1K Jan 17, 2024 Direct F1, F12
transaction EQIX Common Stock Sale -$243K -300 -1.76% $811.54 16.8K Jan 17, 2024 Direct F1, F13
transaction EQIX Common Stock Sale -$325K -400 -2.39% $812.82 16.4K Jan 17, 2024 Direct F1, F14

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 +4.7K $0.00 4.7K Jan 16, 2024 Common Stock 4.7K $0.00 Direct F15, F16
transaction EQIX Restricted Stock Unit Options Exercise $0 -4.7K -100% $0.00* 0 Jan 16, 2024 Common Stock 4.7K $0.00 Direct F15, F16
transaction EQIX Restricted Stock Units Options Exercise $0 -3.71K -100% $0.00* 0 Jan 16, 2024 Common Stock 3.71K $0.00 Direct F16, F17
transaction EQIX Restricted Stock Unit Options Exercise $0 -3.76K -50.01% $0.00 3.76K Jan 16, 2024 Common Stock 3.76K $0.00 Direct F16, F18
transaction EQIX Restricted Stock Unit Options Exercise $0 -3.73K -33.34% $0.00 7.45K Jan 16, 2024 Common Stock 3.73K $0.00 Direct F16, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 $790.95 to $791.83, 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 footnotes 3 through 14 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 $792.81 to $793.70 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $793.83 to $794.78 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $794.94 to $795.84 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $796.29 to $797.08 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $800.11 to $800.76 inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $801.21 to $802.06 inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.12 to $803.61 inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.73 to $805.38 inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $807.69 to $808.47 inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $809.22 to $810.06 inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $811.25 to $811.87 inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $812.57 to $813.12 inclusive.
F15 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 degree to which a relative Total Shareholder Return target was attained for the period January 1, 2021 to December 31, 2023. 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.
F16 Restricted stock unit award expires upon reporting person's termination of service.
F17 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.
F18 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.
F19 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.