SEC Form 4 · accession 0001290473-16-000105

EQUINIX INC · EQIX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Stephen M Smith

Officer — CEO & President · Director

Period of report

Feb 16, 2016

Accepted (ET)

Feb 18, 2016 · 8:24 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
Common Stock	Feb 16, 2016	M	2,905	$0.00	A	40,800	D
Common Stock	Feb 16, 2016	M	8,936	$0.00	A	49,736	D
Common Stock^F2	Feb 16, 2016	S	1,898	$285.3076	D	47,838	D
Common Stock^F3	Feb 16, 2016	S	1,915	$286.0077	D	45,923	D
Common Stock^F4	Feb 16, 2016	S	700	$287.1907	D	45,223	D
Common Stock^F5	Feb 16, 2016	S	600	$289.1633	D	44,623	D
Common Stock^F6	Feb 16, 2016	S	500	$290.276	D	44,123	D
Common Stock^F7	Feb 16, 2016	S	486	$290.8926	D	43,637	D
Common Stock^F8	Feb 17, 2016	S	400	$286.86	D	43,237	D
Common Stock^F9	Feb 17, 2016	S	1,628	$287.7928	D	41,609	D
Common Stock^F10	Feb 17, 2016	S	1,000	$288.8719	D	40,609	D
Common Stock^F11	Feb 17, 2016	S	801	$289.8537	D	39,808	D
Common Stock^F12	Feb 17, 2016	S	400	$290.6951	D	39,408	D
Common Stock^F13	Feb 17, 2016	S	300	$291.9503	D	39,108	D
Common Stock^F14	Feb 17, 2016	S	1,100	$293.5945	D	38,008	D
Common Stock^F15	Feb 17, 2016	S	695	$294.4908	D	37,313	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 Units^F16,F17	$0.00	Feb 16, 2016	M	2,905	A	—	—	Common Stock	2,905	0	D
Restricted Stock Units^F18,F17	$0.00	Feb 16, 2016	M	8,936	A	—	—	Common Stock	8,936	8,936	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.
F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.37 to $289.25 inclusive.
F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.40 to $290.33 inclusive.
F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.43 to $291.33 inclusive.
F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.58 to $292.16 inclusive.
F14The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.15 to $294.10 inclusive.
F15The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.20 to $294.86 inclusive.
F16On 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.
F17Restricted stock unit award expires upon reporting person's termination of employment.
F18On 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.64 to $285.6304, 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 3 through 7 to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.68 to $286.5629 inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.70 to $287.64 inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.63 to $289.59 inclusive.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.78 to $290.75 inclusive.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.8325 to $291.01 inclusive.
F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.30 to $287.28, 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 9 through 15 to this Form 4.
F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.36 to $288.36 inclusive.