Scott Crenshaw - 01 Mar 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
EVP, GM Digital Services
Signature
/s/ Samantha Lagocki, POA
Issuer symbol
EQIX
Transactions as of
01 Mar 2024
Net transactions value
-$1,631,425
Form type
4
Filing time
05 Mar 2024, 16:31:52 UTC
Previous filing
20 Feb 2024
Next filing
08 Mar 2024
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 +1,781 +5238% $0.000000 1,815 01 Mar 2024 Direct
transaction EQIX Common Stock Sale $38,280 -43 -2.4% $890.23 1,772 04 Mar 2024 Direct F1, F2
transaction EQIX Common Stock Sale $66,862 -75 -4.2% $891.49 1,697 04 Mar 2024 Direct F1, F3
transaction EQIX Common Stock Sale $89,319 -100 -5.9% $893.19 1,597 04 Mar 2024 Direct F1, F4
transaction EQIX Common Stock Sale $236,231 -264 -17% $894.82 1,333 04 Mar 2024 Direct F1, F5
transaction EQIX Common Stock Sale $157,687 -176 -13% $895.95 1,157 04 Mar 2024 Direct F1, F6
transaction EQIX Common Stock Sale $6,285 -7 -0.61% $897.79 1,150 04 Mar 2024 Direct F1
transaction EQIX Common Stock Sale $22,451 -25 -2.2% $898.04 1,125 04 Mar 2024 Direct F1
transaction EQIX Common Stock Sale $108,138 -121 -11% $893.70 1,004 05 Mar 2024 Direct F7
transaction EQIX Common Stock Sale $89,768 -100 -10% $897.68 904 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $90,107 -100 -11% $901.07 804 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $180,426 -200 -25% $902.13 604 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $90,603 -100 -17% $906.03 504 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $90,775 -100 -20% $907.75 404 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $181,854 -200 -50% $909.27 204 05 Mar 2024 Direct F8
transaction EQIX Common Stock Sale $91,248 -100 -49% $912.48 104 05 Mar 2024 Direct
transaction EQIX Common Stock Sale $91,391 -100 -96% $913.91 4 05 Mar 2024 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 Options Exercise $0 -1,781 -25% $0.000000 5,341 01 Mar 2024 Common Stock 1,781 $0.000000 Direct F9, F10
* 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 $890.11 to $890.32, 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 6 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 $891.22 to $892.00 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $893.05 to $893.50 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $894.50 to $895.50 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $895.58 to $896.50 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $893.09 to $893.93, 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 footnote 8 to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $908.80 to $909.74 inclusive.
F9 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 March 1, 2023 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested..
F10 Restricted stock unit award expires upon reporting person's termination of service.