SEC Form 4 · accession 0001645635-18-000054
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 4, 2018
Accepted (ET)
Sep 6, 2018 · 5:22 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 Stock | Sep 4, 2018 | M | 2,527 | $0.00 | A | 3,954 | D | |
| Common Stock | Sep 4, 2018 | M | 250 | $0.00 | A | 4,204 | D | |
| Common StockF2 | Sep 5, 2018 | S | 600 | $422.4838 | D | 3,604 | D | |
| Common StockF3 | Sep 5, 2018 | S | 516 | $423.9126 | D | 3,088 | D | |
| Common Stock | Sep 5, 2018 | S | 200 | $424.68 | D | 2,888 | 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 UnitsF4,F5 | $0.00 | Sep 4, 2018 | M | 2,527 | D | — | — | Common Stock | 2,527 | 0 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | Sep 4, 2018 | M | 250 | D | — | — | Common Stock | 250 | 750 | 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 $422.18 to $423.12, 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 footnote 3 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 $423.53 to $424.20 inclusive.
- F41,264 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.
- F5Restricted Stock Unit award expires upon reporting person's termination of services.
- F6250 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.