Filing Details

Accession Number:
0001127602-24-005699
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-20 16:18:54
Reporting Period:
2024-02-15
Accepted Time:
2024-02-20 16:18:54
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
1219928 Galvin Brandi Morandi C/O Equinix, Inc.
One Lagoon Drive
Redwood City CA 94065
Chief Legal And Hr 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 2024-02-15 857 $0.00 14,897 No 4 M Direct
Common Stock Acquisiton 2024-02-15 1,031 $0.00 15,928 No 4 M Direct
Common Stock Disposition 2024-02-16 137 $858.93 15,791 No 4 S Direct
Common Stock Disposition 2024-02-16 134 $862.05 15,657 No 4 S Direct
Common Stock Disposition 2024-02-16 209 $863.36 15,448 No 4 S Direct
Common Stock Disposition 2024-02-16 130 $866.19 15,318 No 4 S Direct
Common Stock Disposition 2024-02-16 100 $867.25 15,218 No 4 S Direct
Common Stock Disposition 2024-02-16 42 $868.66 15,176 No 4 S Direct
Common Stock Disposition 2024-02-16 168 $870.38 15,008 No 4 S Direct
Common Stock Disposition 2024-02-16 55 $870.93 14,953 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2024-02-15 857 $0.00 857 $0.00
Common Stock Restricted Stock Unit Disposition 2024-02-15 1,031 $0.00 1,031 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
1,031 No 4 M Direct
Footnotes
  1. Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2024.
  2. 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $858.54 to $859.42, 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 4 through 10 to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $861.80 to $862.36 inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $862.99 to $863.84 inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $865.47 to $866.39 inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $867.09 to $867.77 inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $868.62 to $869.48 inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $869.73 to $870.62 inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $870.89 to $871.53 inclusive.
  11. On February 18, 2021, 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 2021. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 24, 2022, 25% will vest on February 15, 2023 and the remaining 25% will on February 15, 2024, subject solely to continued service.
  12. Restricted stock unit award expires upon reporting person's termination of service.
  13. On February 23, 2022, 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 2022. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2023, 25% will vest on February 15, 2024 and the remaining 25% will vest on February 15, 2025, subject solely to continued service.