Raouf Abdel - Sep 26, 2024 Form 3 Insider Report for EQUINIX INC (EQIX)

Role
EVP, Global Operations
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Sep 26, 2024
Transactions value $
$0
Form type
3
Date filed
10/4/2024, 04:31 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EQIX Common Stock 5.92K Sep 26, 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
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 716 $0.00 Direct F1, F2
holding EQIX Restricted Stock Unit Sep 26, 2024 Common Stock 751 $0.00 Direct F2, F3
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 1.03K $0.00 Direct F2, F4
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 1.68K $0.00 Direct F2, F5
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 1.53K $0.00 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 23, 2022, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2022. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2023, 25% vested on February 15, 2024 and the remaining 25% will vest on February 15, 2025, subject solely to continued service.
F2 Restricted stock unit award expires upon reporting person's termination of service.
F3 Shares will vest on January 15, 2025 subject solely to continued service.
F4 On February 14, 2023, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service.
F5 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.
F6 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, 2025 and an additional 33.33% of the RSUs will each vest on January 15, 2026 and January 15, 2027.