SEC Form 4 · accession 0001290473-16-000100
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yau Tat Lee
Officer — President - Asia Pacific
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 8:23 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 16, 2016 | M | 538 | $0.00 | A | 9,693 | D | |
| Common Stock | Feb 16, 2016 | M | 1,607 | $0.00 | A | 11,300 | 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 UnitsF1,F2 | $0.00 | Feb 16, 2016 | M | 538 | D | — | — | Common Stock | 538 | 0 | D |
| Restricted Stock UnitsF3,F2 | $0.00 | Feb 16, 2016 | M | 1,607 | D | — | — | Common Stock | 1,607 | 1,607 | D |
Explanation of responses
- F1On 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, 25% vested on February 15, 2015 and 25% vested on February 15, 2016, subject solely to continued service.
- F2Restricted stock unit award expires upon reporting person's termination of employment.
- F3On 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, 25% vested on February 15, 2016 and the remaining 25% are scheduled to vest on February 15, 2017, subject solely to continued service.