SEC Form 4 · accession 0001645635-18-000024

EQUINIX INC · EQIX

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

Reporting owner

Keith D Taylor

Officer — Chief Financial Officer

Period of report

Feb 27, 2018

Accepted (ET)

Mar 1, 2018 · 8:19 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 28, 2018	M	3,452	$0.00	A	33,185	D
Common Stock^F2	Feb 28, 2018	S	434	$391.9979	D	32,751	D
Common Stock^F3	Feb 28, 2018	S	600	$393.36	D	32,151	D
Common Stock^F4	Feb 28, 2018	S	366	$394.3351	D	31,785	D
Common Stock^F5	Feb 28, 2018	S	200	$395.495	D	31,585	D
Common Stock^F6	Feb 28, 2018	S	200	$396.48	D	31,385	D
Common Stock^F7	Feb 28, 2018	S	200	$397.865	D	31,185	D
Common Stock^F9	Mar 1, 2018	S	544	$389.6224	D	30,641	D
Common Stock^F10	Mar 1, 2018	S	500	$390.5773	D	30,141	D
Common Stock^F11	Mar 1, 2018	S	200	$391.65	D	29,941	D
Common Stock^F12	Mar 1, 2018	S	200	$392.80	D	29,741	D
Common Stock^F13	Mar 1, 2018	S	300	$393.8267	D	29,441	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^F14,F15	$0.00	Feb 27, 2018	A	3,719	A	—	—	Common Stock	3,719	3,719	D
Restricted Stock Units^F16,F15	$0.00	Feb 27, 2018	A	6,903	A	—	—	Common Stock	6,903	6,903	D
Restricted Stock Units^F16,F15	$0.00	Feb 28, 2018	M	3,452	D	—	—	Common Stock	3,452	3,451	D

Explanation of responses

F1Shares were sold pursuant to a 10b5-1 Trading Plan
F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $390.19 to $391.09 inclusive.
F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.21 to $392.09 inclusive.
F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.36 to $393.24 inclusive.
F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.42 to $394.04 inclusive.
F14Vesting 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, 2019 and an additional 33.33% of the RSUs vesting on January 15, 2020 and January 15, 2021.
F15Restricted Stock Unit award expires upon reporting person's termination of services.
F16On February 16, 2017, 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 2017. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 28, 2018, 25% will vest on February 15, 2019 and the remaining 25% will on February 15, 2020, 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 $391.72 to $392.29, 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 $392.93 to $393.92 inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.00 to $394.98 inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $395.15 to $395.84 inclusive.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $396.45 to $396.51 inclusive.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $397.85 to $397.88 inclusive.
F8Shares 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.
F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.15 to $389.93, 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 10 through 13 to this Form 4.