SEC Form 4 · accession 0001645635-18-000005
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Schwartz
Officer — President, Equinix EMEA
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 5:28 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 StockF1 | Jan 16, 2018 | M | 2,558 | $0.00 | A | 5,904 | D | |
| Common Stock | Jan 16, 2018 | M | 852 | $0.00 | A | 6,756 | D | |
| Common Stock | Jan 16, 2018 | M | 799 | $0.00 | A | 7,555 | D | |
| Common Stock | Jan 16, 2018 | M | 733 | $0.00 | A | 8,288 | D | |
| Common StockF3 | Jan 17, 2018 | S | 300 | $439.90 | D | 7,988 | D | |
| Common StockF4 | Jan 17, 2018 | S | 1,100 | $441.2282 | D | 6,888 | D | |
| Common StockF5 | Jan 17, 2018 | S | 1,242 | $441.95 | D | 5,646 | D | |
| Common StockF6 | Jan 17, 2018 | S | 1,300 | $443.2977 | D | 4,346 | D | |
| Common StockF7 | Jan 17, 2018 | S | 300 | $444.1033 | D | 4,046 | D | |
| Common StockF8 | Jan 17, 2018 | S | 600 | $445.0667 | D | 3,446 | D | |
| Common Stock | Jan 17, 2018 | S | 100 | $446.19 | D | 3,346 | 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 UnitsF9,F10 | $0.00 | Jan 16, 2018 | A | 2,558 | A | — | — | Common Stock | 2,558 | 2,558 | D |
| Restricted Stock UnitsF9,F10 | $0.00 | Jan 16, 2018 | M | 2,558 | D | — | — | Common Stock | 2,558 | 0 | D |
| Restricted Stock UnitsF11,F10 | $0.00 | Jan 16, 2018 | M | 852 | D | — | — | Common Stock | 852 | 0 | D |
| Restricted Stock UnitsF12,F10 | $0.00 | Jan 16, 2018 | M | 799 | D | — | — | Common Stock | 799 | 799 | D |
| Restricted Stock UnitsF13,F10 | $0.00 | Jan 16, 2018 | M | 733 | D | — | — | Common Stock | 733 | 1,463 | D |
Explanation of responses
- F1Includes 10 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2017.
- F10Restricted stock unit award expires upon reporting person's termination of employment.
- F11Vesting 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.
- F12Vesting 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.
- F13Vesting 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 award is scheduled to vest on January 15, 2018, with an additional 33.33% units scheduled to vest on each of January 15, 2019 and January 15, 2020.
- F2Shares were sold pursuant to a 10b5-1 Trading Plan
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $439.46 to $440.15, 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 4 through 8 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 $440.53 to $441.50 inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $441.55 to $442.45 inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $442.69 to $443.68 inclusive.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.73 to $444.57 inclusive.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.89 to $445.38 inclusive.
- F9On February 12, 2015, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period January 1, 2015 to December 31, 2017. The Compensation Committee certified that the payout for this award would be 200% (out of a possible 200%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index.