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EQUINIX INC — Director's Dealing 2025
Feb 20, 2025
29917_dirs_2025-02-20_4a3581f2-013f-48d2-8b27-b8004ae81253.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: 2025-02-18
Reporting Person: Lin Jonathan (Chief Business Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-18 | Common Stock | M | 715 | — | Acquired | 9522 | Direct |
| 2025-02-18 | Common Stock | M | 458 | — | Acquired | 9980 | Direct |
| 2025-02-18 | Common Stock | M | 1037 | — | Acquired | 11017 | Direct |
| 2025-02-19 | Common Stock | S | 990 | $931.00 | Disposed | 10027 | Direct |
| 2025-02-19 | Common Stock | S | 2150 | $925.63 | Disposed | 7877 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Restricted Stock Units | $0 | A | 2073 | Acquired | Common Stock (2073) | Direct | |
| 2025-02-18 | Restricted Stock Unit | $0 | M | 715 | Disposed | Common Stock (715) | Direct | |
| 2025-02-18 | Restricted Stock Unit | $0 | M | 458 | Disposed | Common Stock (458) | Direct | |
| 2025-02-18 | Restricted Stock Units | $0 | M | 1037 | Disposed | Common Stock (1037) | Direct |
Footnotes
F1: Includes 30 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2025.
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: On March 7, 2024 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 2024. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2025, 25% will vest on February 15, 2026 and the remaining 25% will vest on February 15, 2027, subject solely to continued service.
F4: Restricted stock unit award expires upon reporting person's termination of service.
F5: 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.
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.