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EQUINIX INC — Director's Dealing 2025
Jan 17, 2025
29917_dirs_2025-01-17_3c3483a6-2f71-4e7c-9718-097840592abb.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: 2025-01-15
Reporting Person: Abdel Raouf (EVP, Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-15 | Common Stock | M | 956 | — | Acquired | 5809 | Direct |
| 2025-01-15 | Common Stock | M | 751 | — | Acquired | 6560 | Direct |
| 2025-01-15 | Common Stock | M | 838 | — | Acquired | 7398 | Direct |
| 2025-01-15 | Common Stock | M | 512 | — | Acquired | 7910 | Direct |
| 2025-01-16 | Common Stock | S | 160 | $900.9188 | Disposed | 7750 | Direct |
| 2025-01-16 | Common Stock | S | 145 | $902.1984 | Disposed | 7605 | Direct |
| 2025-01-16 | Common Stock | S | 154 | $903.2232 | Disposed | 7451 | Direct |
| 2025-01-16 | Common Stock | S | 412 | $904.1252 | Disposed | 7039 | Direct |
| 2025-01-16 | Common Stock | S | 444 | $904.9247 | Disposed | 6595 | Direct |
| 2025-01-16 | Common Stock | S | 16 | $905.88 | Disposed | 6579 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-15 | Restricted Stock Units | $0 | A | 956 | Acquired | Common Stock (956) | Direct | |
| 2025-01-15 | Restricted Stock Units | $0 | M | 956 | Disposed | Common Stock (956) | Direct | |
| 2025-01-15 | Restricted Stock Unit | $0 | M | 751 | Disposed | Common Stock (751) | Direct | |
| 2025-01-15 | Restricted Stock Units | $0 | M | 838 | Disposed | Common Stock (838) | Direct | |
| 2025-01-15 | Restricted Stock Units | $0 | M | 512 | Disposed | Common Stock (512) | 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 $900.28 to $901.14, 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 6 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 $901.655 to $902.57 inclusive.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $902.665 to $903.66 inclusive.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $903.78 to $904.615 inclusive.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $904.81 to $905.305 inclusive.
F7: 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 degree to which a relative Total Shareholder Return target was attained for the period January 1, 2022 to December 31, 2024. The Compensation Committee certified that the payout for this award would be 84.83% (out of a possible 100%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index
F8: Restricted stock unit award expires upon reporting person's termination of service.
F9: Shares will vest on January 15, 2025 subject solely to continued service.
F10: 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, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026.
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.