SEC Form 4 · accession 0001290473-15-000010
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J Meyers
Officer — Chief Operating Officer
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 8:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001101239
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | M | 5,168 | $0.00 | A | 6,053 | D | |
| Common StockF3 | Feb 17, 2015 | S | 5,168 | $225.0893 | D | 885 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F6 | $0.00 | Feb 12, 2015 | A | 4,072 | A | — | — | Common Stock | 4,072 | 4,072 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Feb 12, 2015 | A | 10,336 | A | — | — | Common Stock | 10,336 | 10,336 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Feb 13, 2015 | M | 5,168 | D | — | — | Common Stock | 5,168 | 5,168 | D |
Explanation of responses
- F1Includes 148 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 13, 2015.
- F2Shares were sold pursuant to a 10b5-1 Trading Plan.
- F35,168 Shares were sold at an average price of $225.0893.
- F4On February 12, 2015, the reporting person was granted restricted stock units, the vesting of which is subject solely to continued service through each vesting date. 33.33% of the award is scheduled to vest on January 15, 2016, with an additional 33.33% units scheduled to vest on each of January 15, 2016 and January 15, 2017.
- F5On March 6, 2014, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2014. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 13, 2015, with 25% additional units scheduled to vest on each of February 15, 2016 and February 15, 2017, subject solely to continued service.
- F6Restricted stock unit award expires upon reporting person's termination of employment.