SEC Form 4 · accession 0001290473-15-000023
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Van Camp
Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 18, 2015 · 9:45 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 Stock | Feb 17, 2015 | M | 859 | $0.00 | A | 13,006 | D | |
| Common Stock | Feb 17, 2015 | M | 311 | $0.00 | A | 13,317 | D | |
| Common StockF2 | Feb 18, 2015 | S | 638 | $224.2398 | D | 12,679 | 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 UnitsF3,F5 | $0.00 | Feb 17, 2015 | M | 859 | D | — | — | Common Stock | 859 | 0 | D |
| Restricted Stock UnitsF4,F5 | $0.00 | Feb 17, 2015 | M | 311 | D | — | — | Common Stock | 311 | 311 | D |
Explanation of responses
- F1Shares 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.
- F2638 shares were sold at an average price of $224.2398.
- F3On February 21, 2012, 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 2012. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2013, with 25% additional units scheduled to vest on each of February 15, 2014 and February 15, 2015, subject solely to continued service.
- F4On February 14, 2013, 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 2013. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 28, 2014, with 25% additional units scheduled to vest on each of February 15, 2015 and February 15, 2016, subject solely to continued service.
- F5Restricted stock unit award expires upon reporting person's termination of employment.