Filing Details
- Accession Number:
- 0001645635-20-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-28 21:15:04
- Reporting Period:
- 2020-02-26
- Accepted Time:
- 2020-02-28 21:15:04
- 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 |
|---|---|---|---|---|---|---|---|
| 1557144 | Sara Baack | C/O Equinix, Inc One Lagoon Drive Redwood City CA 94065 | Chief Product 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 | 2020-02-27 | 1,745 | $0.00 | 12,338 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-28 | 100 | $568.04 | 12,238 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-28 | 100 | $569.12 | 12,138 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-28 | 200 | $571.14 | 11,938 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-28 | 281 | $573.73 | 11,657 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-28 | 100 | $586.25 | 11,557 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-28 | 100 | $587.69 | 11,457 | 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 | |
| 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 | 2020-02-26 | 794 | $0.00 | 794 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2020-02-26 | 2,776 | $0.00 | 2,776 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2020-02-26 | 3,489 | $0.00 | 3,489 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-27 | 1,745 | $0.00 | 1,745 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 794 | No | 4 | A | Direct | ||
| 2,776 | No | 4 | A | Direct | ||
| 3,489 | No | 4 | A | Direct | ||
| 1,744 | No | 4 | M | Direct |
Footnotes
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $571.07 to $571.21, 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 footnote 3 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $573.05 to $573.99 inclusive.
- Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on September 1, 2020 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested..
- Restricted Stock Unit award expires upon reporting person's termination of services.
- Vesting is dependent upon continuous active service as an employee 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, 2021 and an additional 33.33% of the RSUs vesting on January 15, 2022 and January 15, 2023.
- On February 22, 2019, 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 2019. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 27, 2020, 25% will vest on February 15, 2021 and the remaining 25% will on February 15, 2022, subject solely to continued service.
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