EQUINIX INC — Director's Dealing 2021

Jan 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EQUINIX INC (EQIX)
CIK: 0001101239
Period of Report: 2021-01-15

Reporting Person: TAYLOR KEITH D (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-15	Common Stock	M	2366	—	Acquired	18533	Direct
2021-01-15	Common Stock	M	1323	—	Acquired	19856	Direct
2021-01-15	Common Stock	M	1701	—	Acquired	21557	Direct
2021-01-15	Common Stock	M	1239	—	Acquired	22796	Direct
2021-01-19	Common Stock	S	100	$713.5325	Disposed	22696	Direct
2021-01-19	Common Stock	S	1326	$715.5036	Disposed	21370	Direct
2021-01-19	Common Stock	S	588	$716.439	Disposed	20782	Direct
2021-01-19	Common Stock	S	343	$717.554	Disposed	20439	Direct
2021-01-19	Common Stock	S	706	$718.5809	Disposed	19733	Direct
2021-01-19	Common Stock	S	35	$719.47	Disposed	19698	Direct
2021-01-19	Common Stock	S	174	$720.8587	Disposed	19524	Direct
2021-01-19	Common Stock	S	19	$722.5984	Disposed	19505	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-15	Restricted Stock Unit	$0	A	2366	Acquired		Common Stock (2366)	Direct
2021-01-15	Restricted Stock Unit	$0	M	2366	Disposed		Common Stock (2366)	Direct
2021-01-15	Restricted Stock Unit	$0	M	1323	Disposed		Common Stock (1323)	Direct
2021-01-15	Restricted Stock Unit	$0	M	1701	Disposed		Common Stock (1701)	Direct
2021-01-15	Restricted Stock Unit	$0	M	1239	Disposed		Common Stock (1239)	Direct

Footnotes

F1: 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $713.50 to $713.57, 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 8 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 $715.00 to $715.99 inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $716.01 to $716.96 inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $717.09 to $718.00 inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $718.28 to $719.21 inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $720.57 to $721.38 inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $721.95 to $722.72 inclusive.

F9: On February 27, 2018, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period January 1, 2018 to December 31, 2020. The Compensation Committee certified that the payout for this award would be 127.24% (out of a possible 200%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index.

F10: Restricted stock unit award expires upon reporting person's termination of service.

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, 2021 and an additional 33.33% of the RSUs will each vest on January 15, 2022 and January 15, 2023.

F12: 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, 2020 and an additional 33.33% of the RSUs will each vest on January 15, 2021 and January 15, 2022.

F13: 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, 2019 and an additional 33.33% of the RSUs will each vest on January 15, 2020 and January 15, 2021.