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EQUINIX INC — Director's Dealing 2024
Feb 20, 2024
29917_dirs_2024-02-20_07afa5ef-9ba4-4819-a1fd-7d981bc8f554.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: 2024-02-15
Reporting Person: TAYLOR KEITH D (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-15 | Common Stock | M | 1131 | — | Acquired | 24356 | Direct |
| 2024-02-15 | Common Stock | M | 1432 | — | Acquired | 25788 | Direct |
| 2024-02-16 | Common Stock | S | 50 | $857.02 | Disposed | 25738 | Direct |
| 2024-02-16 | Common Stock | S | 50 | $858.65 | Disposed | 25688 | Direct |
| 2024-02-16 | Common Stock | S | 100 | $860.805 | Disposed | 25588 | Direct |
| 2024-02-16 | Common Stock | S | 126 | $862.233 | Disposed | 25462 | Direct |
| 2024-02-16 | Common Stock | S | 122 | $863.4251 | Disposed | 25340 | Direct |
| 2024-02-16 | Common Stock | S | 100 | $864.735 | Disposed | 25240 | Direct |
| 2024-02-16 | Common Stock | S | 52 | $865.5623 | Disposed | 25188 | Direct |
| 2024-02-16 | Common Stock | S | 188 | $867.2597 | Disposed | 25000 | Direct |
| 2024-02-16 | Common Stock | S | 219 | $868.0053 | Disposed | 24781 | Direct |
| 2024-02-16 | Common Stock | S | 315 | $870.449 | Disposed | 24466 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-15 | Restricted Stock Unit | $0 | M | 1131 | Disposed | Common Stock (1131) | Direct | |
| 2024-02-15 | Restricted Stock Unit | $0 | M | 1432 | Disposed | Common Stock (1432) | Direct |
Footnotes
F1: Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2024.
F2: 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $860.35 to $861.26, 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 4 through 10 to this Form 4.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $861.90 to $862.50 inclusive.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $863.13 to $863.49 inclusive.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $864.48 to $864.99 inclusive.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $865.54 to $866.12 inclusive.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $866.63 to $867.63 inclusive.
F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $867.84 to $868.28 inclusive.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $870.12 to $870.93 inclusive.
F11: On February 18, 2021, 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 2021. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 24, 2022, 25% will vest on February 15, 2023 and the remaining 25% will on February 15, 2024, subject solely to continued service.
F12: Restricted stock unit award expires upon reporting person's termination of service.
F13: 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% will vest on February 15, 2024 and the remaining 25% will vest on February 15, 2025, subject solely to continued service.