Filing Details

Accession Number:
0001290473-14-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-20 18:49:29
Reporting Period:
2014-01-15
Filing Date:
2014-02-20
Accepted Time:
2014-02-20 18:49:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1101239 Equinix Inc EQIX Telephone Communications (No Radiotelephone) (4813) 770487526
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1436470 Eric Schwartz One Lagoon Way
Redwood City CA 94065
President, Equinix Europe No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-02-18 5,030 $0.00 21,640 No 4 M Direct
Common Stock Disposition 2014-02-19 3,688 $193.75 17,952 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2014-02-18 3,000 $0.00 3,000 $0.00
Common Stock Restricted Stock Units Disposition 2014-02-18 2,030 $0.00 2,030 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
2,029 No 4 M Direct
Footnotes
  1. 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.
  2. The average price of $193.7529 consists of the following blocks of shares: 3,074 at an average price of $193.67 and 614 shares at an average price of $194.17.
  3. On February 21, 2012, 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, 2012 to December 31, 2013. The Compensation Committee certified that the payout for this award would be 136.48% (out of a possible 200%) of the target units granted to the reporting person based on the degree to which Equinix outperformed the Russell 1000 Index.
  4. Restricted stock unit award expires upon reporting person's termination of employment.
  5. On February 23, 2011, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2011. These targets were achieved to the maximum extent, and, therefore, 50% of the award vested on February 22, 2012, with 25% additional units scheduled to vest on each of February 15, 2013 and February 15, 2014, subject solely to continued service.