SEC Form 4 · accession 0001645635-17-000074
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Earl Campbell
Officer — Chief Sales Officer
Period of report
Sep 1, 2017
Accepted (ET)
Sep 6, 2017 · 6:28 pm EDT
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 StockF1 | Sep 1, 2017 | M | 2,527 | $0.00 | A | 2,702 | D | |
| Common Stock | Sep 1, 2017 | M | 250 | $0.00 | A | 2,952 | D | |
| Common StockF3 | Sep 5, 2017 | S | 200 | $457.87 | D | 2,752 | D | |
| Common StockF4 | Sep 5, 2017 | S | 727 | $458.9854 | D | 2,025 | D | |
| Common StockF5 | Sep 5, 2017 | S | 250 | $459.818 | D | 1,775 | D | |
| Common Stock | Sep 5, 2017 | S | 100 | $460.96 | D | 1,675 | D | |
| Common StockF6 | Sep 5, 2017 | S | 150 | $465.0433 | D | 1,525 | 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 UnitsF7,F8 | $0.00 | Sep 1, 2017 | M | 2,527 | D | — | — | Common Stock | 2,527 | 2,527 | D |
| Restricted Stock UnitsF9,F8 | $0.00 | Sep 1, 2017 | M | 250 | D | — | — | Common Stock | 250 | 1,250 | D |
Explanation of responses
- F1Includes34 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2017.
- F2Shares 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $457.48 to $458.26, 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 this footnotes 4 through 6 to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $458.51 to $459.41 inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $459.71 to $459.93 inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $465.04 to $465.05 inclusive.
- F71,264 shares scheduled to vest on September 1, 2016 and 2,527 shares scheduled to vest on each of September 1 2017 and September 1, 2018, subject solely to continued service.
- F8Restricted Stock Unit award expires upon reporting person's termination of services.
- F9250 shares (12.5% of the total shares awarded) scheduled to vest on September 1, 2017 and an additional 12.5% each 6 months thereafter until fully vested, subject solely to continued service.