Scott Crenshaw - 06 Mar 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Mar 2024, 16:22:20 UTC
Prior SEC filing
05 Mar 2024
Next SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Samantha Lagocki, POA

Key filing fact

Scott Crenshaw filed Form 4 for EQUINIX INC (EQIX) on 08 Mar 2024.

Key facts

  • This page summarizes Scott Crenshaw's Form 4 filing for EQUINIX INC (EQIX).
  • 11 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 08 Mar 2024, 16:22.

Change

  • Previous filing in this sequence was filed on 05 Mar 2024.
  • Current net transaction value: -$479,662.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EQIX transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+531
Change %
+13275%
Price
$0.000000
Shares after
535
Date
06 Mar 2024
Ownership
Direct
EQIX transaction

Common Stock

Sale

Transaction value
$93,602
Shares
-104
Change %
-19%
Price
$900.02
Shares after
431
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F2
EQIX transaction

Common Stock

Sale

Transaction value
$93,692
Shares
-104
Change %
-24%
Price
$900.88
Shares after
327
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F3
EQIX transaction

Common Stock

Sale

Transaction value
$70,377
Shares
-78
Change %
-24%
Price
$902.26
Shares after
249
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F4
EQIX transaction

Common Stock

Sale

Transaction value
$46,979
Shares
-52
Change %
-21%
Price
$903.44
Shares after
197
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F5
EQIX transaction

Common Stock

Sale

Transaction value
$117,721
Shares
-130
Change %
-66%
Price
$905.54
Shares after
67
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F6
EQIX transaction

Common Stock

Sale

Transaction value
$26,282
Shares
-29
Change %
-43%
Price
$906.28
Shares after
38
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F7
EQIX transaction

Common Stock

Sale

Transaction value
$31,011
Shares
-34
Change %
-89%
Price
$912.08
Shares after
4
Date
07 Mar 2024
Ownership
Direct
Footnotes
F1, F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EQIX transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+531
Change %
Price
$0.000000
Shares after
531
Date
06 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
531
Exercise price
$0.000000
Footnotes
F9, F10
EQIX transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-531
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
531
Exercise price
$0.000000
Footnotes
F9, F10
EQIX transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+1,533
Change %
Price
$0.000000
Shares after
1,533
Date
07 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,533
Exercise price
$0.000000
Footnotes
F10, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 11 footnotes

Footnote F1

Shares sold pursuant to a 10b5-1 Trading Plan.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $899.49 to $900.49, 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 8 to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $900.59 to $901.41 inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $901.90 to $902.65 inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $903.31 to $903.57 inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $905.12 to $905.97 inclusive.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $906.28 to $906.32 inclusive.

Footnote F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $912.05 to $912.09 inclusive.

Footnote F9

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.

Footnote F10

Restricted stock unit award expires upon reporting person's termination of service.

Footnote F11

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.

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