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Filing Details

Accession Number:: 0001127602-23-001801
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-01-19 16:41:28
Reporting Period:: 2023-01-17

Accepted Time:: 2023-01-19 16:41:28
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
1592927	Karl Strohmeyer	C/O Equinix, Inc One Lagoon Drive Redwood City CA 94065	Chief Customer & Rev Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-01-17	1,571	$0.00	18,894	No	4	M	Direct
Common Stock	Acquisiton	2023-01-17	1,138	$0.00	20,032	No	4	M	Direct
Common Stock	Acquisiton	2023-01-17	1,248	$0.00	21,280	No	4	M	Direct
Common Stock	Acquisiton	2023-01-17	1,504	$0.00	22,784	No	4	M	Direct
Common Stock	Disposition	2023-01-18	300	$701.08	22,484	No	4	S	Direct
Common Stock	Disposition	2023-01-18	300	$702.48	22,184	No	4	S	Direct
Common Stock	Disposition	2023-01-18	553	$705.16	21,631	No	4	S	Direct
Common Stock	Disposition	2023-01-18	300	$705.77	21,331	No	4	S	Direct
Common Stock	Disposition	2023-01-18	100	$707.75	21,231	No	4	S	Direct
Common Stock	Disposition	2023-01-18	300	$710.84	20,931	No	4	S	Direct
Common Stock	Disposition	2023-01-18	100	$713.66	20,831	No	4	S	Direct
Common Stock	Disposition	2023-01-18	300	$715.72	20,531	No	4	S	Direct
Common Stock	Disposition	2023-01-18	100	$716.70	20,431	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
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
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Acquisiton	2023-01-17	1,571	$0.00	1,571	$0.00
Common Stock	Restricted Stock Unit	Disposition	2023-01-17	1,571	$0.00	1,571	$0.00
Common Stock	Restricted Stock Unit	Disposition	2023-01-17	1,138	$0.00	1,138	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-01-17	1,248	$0.00	1,248	$0.00
Common Stock	Restricted Stock Unit	Disposition	2023-01-17	1,504	$0.00	1,504	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,571	No	4	A	Direct
0	No	4	M	Direct
0	No	4	M	Direct
1,248	No	4	M	Direct
3,007	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 $700.78 to $701.53, 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 7 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 $702.00 to $702.77 inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $704.55 to $705.53 inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $705.61 to $706.02 inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $710.63 to $710.97 inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $715.54 to $716.07 inclusive.
On February 26, 2020, 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, 2020 to December 31, 2022. The Compensation Committee certified that the payout for this award would be 92.02% (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.
Restricted stock unit award expires upon reporting person's termination of service.
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, 2021 and an additional 33.33% of the RSUs will each vest on January 15, 2022 and January 15, 2023.
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, 2022 and an additional 33.33% of the RSUs will each vest on January 15, 2023 and January 15, 2024.
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, 2023 and an additional 33.33% of the RSUs will each vest on January 15, 2024 and January 15, 2025.