SEC Form 4 · accession 0001645635-19-000015

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 15, 2019

Accepted (ET)

Feb 20, 2019 · 6:03 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^F1	Feb 15, 2019	M	1,804	$0.00	A	24,109	D
Common Stock	Feb 15, 2019	M	1,726	$0.00	A	25,835	D
Common Stock	Feb 19, 2019	S	100	$418.74	D	25,735	D
Common Stock	Feb 19, 2019	S	100	$420.56	D	25,635	D
Common Stock^F3	Feb 19, 2019	S	100	$422.11	D	25,535	D
Common Stock^F4	Feb 19, 2019	S	300	$424.2733	D	25,235	D
Common Stock^F5	Feb 19, 2019	S	300	$426.3033	D	24,935	D
Common Stock^F6	Feb 19, 2019	S	300	$427.3333	D	24,635	D
Common Stock^F7	Feb 19, 2019	S	200	$428.945	D	24,435	D
Common Stock^F8	Feb 19, 2019	S	323	$431.4687	D	24,112	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^F9,F10	$0.00	Feb 15, 2019	M	1,804	D	—	—	Common Stock	1,804	0	D
Restricted Stock Units^F11,F10	$0.00	Feb 15, 2019	M	1,726	D	—	—	Common Stock	1,726	1,725	D

Explanation of responses

F1Includes 58 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2019.
F10Restricted stock unit award expires upon reporting person's termination of employment.
F11On 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.
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 $421.90 to $422.32, 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 $424.08 to $424.47 inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $426.09 to $426.73 inclusive.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $427.15 to $427.60 inclusive.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $428.94 to $428.95 inclusive.
F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $431.34 to $431.79 inclusive.
F9On 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.