Jonathan Lin - Mar 1, 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Mar 1, 2024
Transactions value $
-$163,443
Form type
4
Date filed
3/5/2024, 04:21 PM
Previous filing
Feb 20, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +202 +3.09% $0.00 6.74K Mar 1, 2024 Direct
transaction EQIX Common Stock Options Exercise $0 +215 +3.19% $0.00 6.96K Mar 1, 2024 Direct
transaction EQIX Common Stock Sale -$1.78K -2 -0.03% $889.73 6.96K Mar 4, 2024 Direct F1, F2
transaction EQIX Common Stock Sale -$2.67K -3 -0.04% $891.40 6.95K Mar 4, 2024 Direct F1, F3
transaction EQIX Common Stock Sale -$3.57K -4 -0.06% $893.04 6.95K Mar 4, 2024 Direct F1, F4
transaction EQIX Common Stock Sale -$13.4K -15 -0.22% $894.36 6.94K Mar 4, 2024 Direct F1, F5
transaction EQIX Common Stock Sale -$12.5K -14 -0.2% $894.94 6.92K Mar 4, 2024 Direct F1, F6
transaction EQIX Common Stock Sale -$20.6K -23 -0.33% $896.09 6.9K Mar 4, 2024 Direct F1, F7
transaction EQIX Common Stock Sale -$29.6K -33 -0.48% $896.99 6.87K Mar 4, 2024 Direct F1, F8
transaction EQIX Common Stock Sale -$13.5K -15 -0.22% $897.94 6.85K Mar 4, 2024 Direct F1, F9
transaction EQIX Common Stock Sale -$5.39K -6 -0.09% $899.07 6.84K Mar 4, 2024 Direct F1, F10
transaction EQIX Common Stock Sale -$12.6K -14 -0.2% $900.25 6.83K Mar 4, 2024 Direct F1, F11
transaction EQIX Common Stock Sale -$21.6K -24 -0.35% $901.04 6.81K Mar 4, 2024 Direct F1, F12
transaction EQIX Common Stock Sale -$17.1K -19 -0.28% $902.10 6.79K Mar 4, 2024 Direct F1, F13
transaction EQIX Common Stock Sale -$8.13K -9 -0.13% $902.89 6.78K Mar 4, 2024 Direct F1, F14
transaction EQIX Common Stock Sale -$904 -1 -0.01% $903.80 6.78K Mar 4, 2024 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 Units Options Exercise $0 -202 -100% $0.00* 0 Mar 1, 2024 Common Stock 202 $0.00 Direct F15, F16
transaction EQIX Restricted Stock Units Options Exercise $0 -215 -33.33% $0.00 430 Mar 1, 2024 Common Stock 215 $0.00 Direct F16, F17
* 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 $889.31 to $890.26, 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 $890.94 to $891.71 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $892.355 to $893.23 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $893.505 to $894.50 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $894.51 to $895.50 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $895.52 to $896.52 inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $896.54 to $897.53 inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $897.55 to $898.49 inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $898.58 to $899.56 inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $899.62 to $900.61 inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $900.63 to $901.63 inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $901.64 to $902.59 inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $902.65 to $903.61 inclusive.
F15 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: 12.5% of the RSUs vesting on September 1, 2020 and an additional 12.5% of the RSUs vesting every 6 months thereafter until fully vested.
F16 Restricted stock unit award expires upon reporting person's termination of service.
F17 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: 12.5% of the RSUs vesting on September 1, 2021 and an additional 12.5% of the RSUs vesting every 6 months thereafter until fully vested.