SEC Form 4 · accession 0001645635-19-000018
EQUINIX INC · EQIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yau Tat Lee
Officer — President - Asia Pacific
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 6:04 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 Stock | Feb 25, 2019 | M | 1,785 | $0.00 | A | 8,956 | 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 UnitsF1,F2 | $0.00 | Feb 22, 2019 | A | 3,569 | A | — | — | Common Stock | 3,569 | 3,569 | D |
| Restricted Stock UnitsF1,F2 | $0.00 | Feb 25, 2019 | M | 1,785 | D | — | — | Common Stock | 1,785 | 1,784 | D |
Explanation of responses
- F1On February 27, 2018, 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 2018. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 25, 2019, 25% will vest on February 15, 2020 and the remaining 25% will on February 15, 2021, subject solely to continued service.
- F2Restricted stock unit award expires upon reporting person's termination of employment.