Raouf Abdel - Jan 15, 2025 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
EVP, Global Operations
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Jan 15, 2025
Transactions value $
-$1,202,842
Form type
4
Date filed
1/17/2025, 04:15 PM
Previous filing
Dec 3, 2024
Next filing
Feb 20, 2025
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 +956 +19.7% $0.00 5.81K Jan 15, 2025 Direct
transaction EQIX Common Stock Options Exercise $0 +751 +12.93% $0.00 6.56K Jan 15, 2025 Direct
transaction EQIX Common Stock Options Exercise $0 +838 +12.77% $0.00 7.4K Jan 15, 2025 Direct
transaction EQIX Common Stock Options Exercise $0 +512 +6.92% $0.00 7.91K Jan 15, 2025 Direct
transaction EQIX Common Stock Sale -$144K -160 -2.02% $900.92 7.75K Jan 16, 2025 Direct F1, F2
transaction EQIX Common Stock Sale -$131K -145 -1.87% $902.20 7.61K Jan 16, 2025 Direct F1, F3
transaction EQIX Common Stock Sale -$139K -154 -2.02% $903.22 7.45K Jan 16, 2025 Direct F1, F4
transaction EQIX Common Stock Sale -$372K -412 -5.53% $904.13 7.04K Jan 16, 2025 Direct F1, F5
transaction EQIX Common Stock Sale -$402K -444 -6.31% $904.92 6.6K Jan 16, 2025 Direct F1, F6
transaction EQIX Common Stock Sale -$14.5K -16 -0.24% $905.88 6.58K Jan 16, 2025 Direct F1

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 Units Award $0 +956 $0.00 956 Jan 15, 2025 Common Stock 956 $0.00 Direct F7, F8
transaction EQIX Restricted Stock Units Options Exercise $0 -956 -100% $0.00 0 Jan 15, 2025 Common Stock 956 $0.00 Direct F7, F8
transaction EQIX Restricted Stock Unit Options Exercise $0 -751 -100% $0.00 0 Jan 15, 2025 Common Stock 751 $0.00 Direct F8, F9
transaction EQIX Restricted Stock Units Options Exercise $0 -838 -50% $0.00 838 Jan 15, 2025 Common Stock 838 $0.00 Direct F8, F10
transaction EQIX Restricted Stock Units Options Exercise $0 -512 -33.4% $0.00 1.02K Jan 15, 2025 Common Stock 512 $0.00 Direct F8, F11
* 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 $900.28 to $901.14, 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 6 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 $901.655 to $902.57 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $902.665 to $903.66 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $903.78 to $904.615 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $904.81 to $905.305 inclusive.
F7 On February 23, 2022, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period January 1, 2022 to December 31, 2024. The Compensation Committee certified that the payout for this award would be 84.83% (out of a possible 100%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index
F8 Restricted stock unit award expires upon reporting person's termination of service.
F9 Shares will vest on January 15, 2025 subject solely to continued service.
F10 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.
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, 2025 and an additional 33.33% of the RSUs will each vest on January 15, 2026 and January 15, 2027.