Scott Crenshaw - Sep 3, 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
EVP, GM Digital Services
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Sep 3, 2024
Transactions value $
-$560,989
Form type
4
Date filed
9/5/2024, 05:31 PM
Previous filing
Mar 8, 2024
Next filing
Sep 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +1.78K +17810% $0.00 1.79K Sep 3, 2024 Direct F1
transaction EQIX Common Stock Sale -$37.7K -46 -2.57% $819.64 1.75K Sep 4, 2024 Direct F2, F3
transaction EQIX Common Stock Sale -$192K -233 -13.35% $822.88 1.51K Sep 4, 2024 Direct F2, F4
transaction EQIX Common Stock Sale -$27.2K -33 -2.18% $823.56 1.48K Sep 4, 2024 Direct F2
transaction EQIX Common Stock Sale -$164K -198 -13.39% $826.50 1.28K Sep 4, 2024 Direct F2, F5
transaction EQIX Common Stock Sale -$113K -137 -10.69% $827.61 1.14K Sep 4, 2024 Direct F2, F6
transaction EQIX Common Stock Sale -$27.3K -33 -2.88% $828.69 1.11K Sep 4, 2024 Direct F2

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 -1.78K -33.35% $0.00 3.56K Sep 3, 2024 Common Stock 1.78K $0.00 Direct F7, F8
* 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 6 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2024.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $819.50 to $820.25, 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 footnotes 4 through 6 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $822.55 to $823.40 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $826.26 to $827.11 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $827.41 to $828.18 inclusive.
F7 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..
F8 Restricted stock unit award expires upon reporting person's termination of service.