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EQUINIX INC — Director's Dealing 2024
Mar 8, 2024
29917_dirs_2024-03-08_991ba7df-f425-4553-b9d3-3dd814264139.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EQUINIX INC (EQIX)
CIK: 0001101239
Period of Report: 2024-03-06
Reporting Person: Lin Jonathan (EVP, GM, Data Center Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-06 | Common Stock | M | 451 | — | Acquired | 7228 | Direct |
| 2024-03-07 | Common Stock | S | 26 | $899.3017 | Disposed | 7202 | Direct |
| 2024-03-07 | Common Stock | S | 36 | $900.1835 | Disposed | 7166 | Direct |
| 2024-03-07 | Common Stock | S | 32 | $901.0967 | Disposed | 7134 | Direct |
| 2024-03-07 | Common Stock | S | 28 | $902.2572 | Disposed | 7106 | Direct |
| 2024-03-07 | Common Stock | S | 14 | $903.6408 | Disposed | 7092 | Direct |
| 2024-03-07 | Common Stock | S | 22 | $904.3093 | Disposed | 7070 | Direct |
| 2024-03-07 | Common Stock | S | 27 | $905.205 | Disposed | 7043 | Direct |
| 2024-03-07 | Common Stock | S | 5 | $906.4661 | Disposed | 7038 | Direct |
| 2024-03-07 | Common Stock | S | 2 | $908.00 | Disposed | 7036 | Direct |
| 2024-03-07 | Common Stock | S | 13 | $910.4606 | Disposed | 7023 | Direct |
| 2024-03-07 | Common Stock | S | 5 | $911.345 | Disposed | 7018 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-06 | Restricted Stock Unit | $0 | A | 451 | Acquired | Common Stock (451) | Direct | |
| 2024-03-06 | Restricted Stock Unit | $0 | M | 451 | Disposed | Common Stock (451) | Direct | |
| 2024-03-07 | Restricted Stock Unit | $0 | A | 1533 | Acquired | Common Stock (1533) | 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 $898.59 to $899.57, 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 11 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 $899.62 to $900.62 inclusive.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $900.78 to $901.74 inclusive.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $901.79 to $902.78 inclusive.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $902.85 to $903.80 inclusive.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $903.88 to $904.85 inclusive.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $904.95 to $905.67 inclusive.
F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $905.99 to $906.81 inclusive.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $910.00 to $910.90 inclusive.
F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $911.12 to $911.89 inclusive.
F12: 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.
F13: Restricted stock unit award expires upon reporting person's termination of service.
F14: 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.