Filing Details
- Accession Number:
- 0001127602-23-001803
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-01-19 16:43:29
- Reporting Period:
- 2023-01-17
- Accepted Time:
- 2023-01-19 16:43:29
- 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 |
|---|---|---|---|---|---|---|---|
| 1202111 | Peter Camp Van | One Lagoon Drive Redwood City CA 94065 | Executive Chairman | Yes | 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 | 2023-01-17 | 300 | $0.00 | 7,287 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-01-17 | 217 | $0.00 | 7,504 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-01-17 | 185 | $0.00 | 7,689 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-01-17 | 189 | $0.00 | 7,878 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-01-18 | 165 | $704.37 | 7,713 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-01-18 | 97 | $705.73 | 7,616 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-01-18 | 100 | $711.45 | 7,516 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-01-18 | 100 | $715.54 | 7,416 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Acquisiton | 2023-01-17 | 300 | $0.00 | 300 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-01-17 | 300 | $0.00 | 300 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-01-17 | 217 | $0.00 | 217 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-01-17 | 185 | $0.00 | 185 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-01-17 | 189 | $0.00 | 189 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 300 | No | 4 | A | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 185 | No | 4 | M | Direct | ||
| 375 | 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 $704.08 to $704.56, 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 $705.42 to $705.73 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.
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