Filing Details

Accession Number:
0001645635-19-000025
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-26 18:16:08
Reporting Period:
2019-02-22
Accepted Time:
2019-02-26 18:16:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1101239 Equinix Inc EQIX Real Estate Investment Trusts (6798) 770487526
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1677762 Earl Michael Campbell Equinix, Inc.
One Lagoon Drive
Redwood City CA 94065
Chief Sales Officer 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 2019-02-25 2,120 $0.00 5,036 No 4 M Direct
Common Stock Disposition 2019-02-26 685 $426.15 4,351 No 4 S Direct
Common Stock Disposition 2019-02-26 300 $426.75 4,051 No 4 S Direct
Common Stock Disposition 2019-02-26 100 $428.47 3,951 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S 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 2019-02-22 3,469 $0.00 3,469 $0.00
Common Stock Restricted Stock Units Acquisiton 2019-02-22 4,240 $0.00 4,240 $0.00
Common Stock Restricted Stock Units Disposition 2019-02-25 2,120 $0.00 2,120 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,469 No 4 A Direct
4,240 No 4 A Direct
2,120 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $425.51 to $426.43, 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 to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $426.53 to $427.09 inclusive.
  4. 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 vesting on January 15, 2020 and an additional 33.33% of the RSUs vesting on January 15, 2021 and January 15, 2022.
  5. Restricted Stock Unit award expires upon reporting person's termination of services.
  6. On February 27, 2018, 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 2018. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 25, 2019, 25% will vest on February 15, 2020 and the remaining 25% will on February 15, 2021, subject solely to continued service.