Jonathan Lin - 16 Jan 2024 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
EVP, GM, Data Center Services
Signature
/s/ Samantha Lagocki, POA
Issuer symbol
EQIX
Transactions as of
16 Jan 2024
Net transactions value
-$505,225
Form type
4
Filing time
18 Jan 2024, 16:59:26 UTC
Previous filing
06 Sep 2023
Next filing
13 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +752 +16% $0.000000 5,549 16 Jan 2024 Direct
transaction EQIX Common Stock Options Exercise $0 +746 +13% $0.000000 6,295 16 Jan 2024 Direct
transaction EQIX Common Stock Sale $34,548 -43 -0.68% $803.44 6,252 17 Jan 2024 Direct F1, F2
transaction EQIX Common Stock Sale $32,185 -40 -0.64% $804.62 6,212 17 Jan 2024 Direct F1, F3
transaction EQIX Common Stock Sale $25,787 -32 -0.52% $805.83 6,180 17 Jan 2024 Direct F1, F4
transaction EQIX Common Stock Sale $31,484 -39 -0.63% $807.28 6,141 17 Jan 2024 Direct F1, F5
transaction EQIX Common Stock Sale $34,764 -43 -0.7% $808.47 6,098 17 Jan 2024 Direct F1, F6
transaction EQIX Common Stock Sale $55,039 -68 -1.1% $809.40 6,030 17 Jan 2024 Direct F1, F7
transaction EQIX Common Stock Sale $161,388 -199 -3.3% $811.00 5,831 17 Jan 2024 Direct F1, F8
transaction EQIX Common Stock Sale $101,541 -125 -2.1% $812.33 5,706 17 Jan 2024 Direct F1, F9
transaction EQIX Common Stock Sale $28,490 -35 -0.61% $813.99 5,671 17 Jan 2024 Direct F1, F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EQIX Restricted Stock Unit Options Exercise $0 -752 -50% $0.000000 751 16 Jan 2024 Common Stock 752 $0.000000 Direct F11, F12
transaction EQIX Restricted Stock Unit Options Exercise $0 -746 -33% $0.000000 1,489 16 Jan 2024 Common Stock 746 $0.000000 Direct F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.02 to $803.94, 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 10 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.18 to $805.18 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $805.355 to $806.23 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $806.99 to $807.69 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $808.00 to $808.90 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $809.10 to $809.64 inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $810.70 to $811.185 inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $812.00 to $812.83 inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $813.36 to $814.00 inclusive.
F11 Vesting 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 vested on January 15, 2023 and an additional 33.33% of the RSUs will each vest on January 15, 2024 and January 15, 2025.
F12 Restricted stock unit award expires upon reporting person's termination of service.
F13 Vesting 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 vested on January 15, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026.