SEC Form 4 · accession 0001645635-17-000010
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Strohmeyer
Officer — President, Americas
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 8:42 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 | Jan 17, 2017 | M | 1,107 | $0.00 | A | 1,514 | D | |
| Common Stock | Jan 17, 2017 | M | 883 | $0.00 | A | 2,397 | D | |
| Common StockF2 | Jan 18, 2017 | S | 300 | $375.60 | D | 2,097 | D | |
| Common StockF3 | Jan 18, 2017 | S | 524 | $376.7735 | D | 1,573 | D | |
| Common StockF4 | Jan 18, 2017 | S | 200 | $377.8669 | D | 1,373 | 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 UnitsF5,F6 | $0.00 | Jan 17, 2017 | M | 1,107 | D | — | — | Common Stock | 1,107 | 1,107 | D |
| Restricted Stock UnitsF7,F6 | $0.00 | Jan 17, 2017 | M | 883 | D | — | — | Common Stock | 883 | 1,763 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.29 to $375.95, 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 and 4 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 $376.68 to $377.68 inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.77 to $377.97 inclusive.
- F5Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vesting on January 15, 2016 and an additional 33.33% of the RSUs vesting on January 15, 2017 and January 15, 2018.
- F6Restricted stock unit award expires upon reporting person's termination of employment.
- F7Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vesting on January 15, 2017 and an additional 33.33% of the RSUs vesting on January 15, 2018 and January 15, 2019.