SEC Form 4 · accession 0001645635-17-000025
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 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:44 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, 2017 | M | 2,004 | $0.00 | A | 8,661 | 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 17, 2017 | A | 4,008 | A | — | — | Common Stock | 4,008 | 4,008 | D |
| Restricted Stock unitsF1,F2 | $0.00 | Feb 17, 2017 | M | 2,004 | D | — | — | Common Stock | 2,004 | 2,004 | D |
Explanation of responses
- F1On March 16, 2016, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2016. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 17, 2017, 25% will vest on February 15, 2018 and the remaining 25% will on February 15, 2019, subject solely to continued service.
- F2Restricted stock unit award expires upon reporting person's termination of employment.