Simon Miller - Mar 6, 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
Chief Accounting Officer
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Mar 6, 2024
Transactions value $
-$234,770
Form type
4
Date filed
3/8/2024, 04:30 PM
Previous filing
Mar 5, 2024
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +260 +5.22% $0.00 5.25K Mar 6, 2024 Direct
transaction EQIX Common Stock Sale -$28.8K -32 -0.61% $899.30 5.21K Mar 7, 2024 Direct F1, F2
transaction EQIX Common Stock Sale -$39.6K -44 -0.84% $900.18 5.17K Mar 7, 2024 Direct F1, F3
transaction EQIX Common Stock Sale -$36K -40 -0.77% $901.10 5.13K Mar 7, 2024 Direct F1, F4
transaction EQIX Common Stock Sale -$30.7K -34 -0.66% $902.26 5.1K Mar 7, 2024 Direct F1, F5
transaction EQIX Common Stock Sale -$16.3K -18 -0.35% $903.64 5.08K Mar 7, 2024 Direct F1, F6
transaction EQIX Common Stock Sale -$24.4K -27 -0.53% $904.31 5.05K Mar 7, 2024 Direct F1, F7
transaction EQIX Common Stock Sale -$29.9K -33 -0.65% $905.21 5.02K Mar 7, 2024 Direct F1, F8
transaction EQIX Common Stock Sale -$5.44K -6 -0.12% $906.47 5.01K Mar 7, 2024 Direct F1, F9
transaction EQIX Common Stock Sale -$2.72K -3 -0.06% $908.00 5.01K Mar 7, 2024 Direct F1
transaction EQIX Common Stock Sale -$14.6K -16 -0.32% $910.46 4.99K Mar 7, 2024 Direct F1, F10
transaction EQIX Common Stock Sale -$6.38K -7 -0.14% $911.35 4.99K Mar 7, 2024 Direct F1, F11

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 +260 $0.00 260 Mar 6, 2024 Common Stock 260 $0.00 Direct F12, F13
transaction EQIX Restricted Stock Unit Options Exercise $0 -260 -100% $0.00* 0 Mar 6, 2024 Common Stock 260 $0.00 Direct F12, F13
transaction EQIX Restricted Stock Unit Award $0 +2.09K $0.00 2.09K Mar 7, 2024 Common Stock 2.09K $0.00 Direct F13, F14
* 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 sold pursuant to a 10b5-1 Trading Plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $898.59 to $899.57, 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 11 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 $899.62 to $900.62 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $900.78 to $901.74 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $901.79 to $92.78 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $902.85 to $903.80 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $903.88 to $904.85 inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $904.95 to $905.67 inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $905.99 to $906.81 inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $910.00 to $910.90 inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $911.12 to $911.89 inclusive.
F12 Under the 2023 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 6, 2024 as reported in this Form 4.
F13 Restricted stock unit award expires upon reporting person's termination of service.
F14 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, 2024 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested..