Kurt Pletcher - Sep 26, 2024 Form 3 Insider Report for EQUINIX INC (EQIX)

Role
Chief Legal Officer
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, 04:32 PM
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EQIX Common Stock 832 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 131 $0.00 Direct F1, F2
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 427 $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 744 $0.00 Direct F2, F5
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 458 $0.00 Direct F2, F6
holding EQIX Restricted Stock Units Sep 26, 2024 Common Stock 1.15K $0.00 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 131 shares scheduled to vest on March 1, 2025, subject solely to continued service.
F2 Restricted stock unit award expires upon reporting person's termination of service.
F3 143 shares (12.5% of the total shares awarded) scheduled to vest on March 1, 2025 and an additional 12.5% each 6 months thereafter until fully vested, subject solely to continued service
F4 515 shares (33.33% of the total shares awarded) scheduled to vest on December 1, 2024 and an additional 514 to vest on December 1, 2025, subject solely to continued service
F5 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, subject solely to continued service.
F6 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.
F7 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.