Adaire Fox-Martin - Feb 18, 2025 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
CEO and President, Director
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Feb 18, 2025
Transactions value $
-$2,608,721
Form type
4
Date filed
2/20/2025, 04:19 PM
Previous filing
Jan 17, 2025
Next filing
Mar 12, 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 +5.34K +121.65% $0.00 9.73K Feb 18, 2025 Direct F1
transaction EQIX Common Stock Sale -$185K -200 -2.06% $924.47 9.53K Feb 19, 2025 Direct F2, F3
transaction EQIX Common Stock Sale -$463K -500 -5.25% $925.53 9.03K Feb 19, 2025 Direct F2, F4
transaction EQIX Common Stock Sale -$463K -500 -5.54% $926.87 8.53K Feb 19, 2025 Direct F2, F5
transaction EQIX Common Stock Sale -$278K -300 -3.52% $928.28 8.23K Feb 19, 2025 Direct F2, F6
transaction EQIX Common Stock Sale -$92.9K -100 -1.22% $928.89 8.13K Feb 19, 2025 Direct F2
transaction EQIX Common Stock Sale -$186K -200 -2.46% $930.41 7.93K Feb 19, 2025 Direct F2, F7
transaction EQIX Common Stock Sale -$373K -400 -5.05% $932.04 7.53K Feb 19, 2025 Direct F2, F8
transaction EQIX Common Stock Sale -$129K -138 -1.83% $932.77 7.39K Feb 19, 2025 Direct F2, F9
transaction EQIX Common Stock Sale -$439K -469 -6.35% $935.26 6.92K Feb 19, 2025 Direct F2, 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 Units Award $0 +10.7K $0.00 10.7K Feb 18, 2025 Common Stock 10.7K $0.00 Direct F11, F12
transaction EQIX Restricted Stock Units Options Exercise $0 -5.34K -50% $0.00 5.34K Feb 18, 2025 Common Stock 5.34K $0.00 Direct F11, F12
* 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 Includes 59 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2025.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $924.01 to $924.90, 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 10 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $925.14 to $925.83 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $926.64 to $927.00 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $927.71 to $928.71 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $930.28 to $930.665 inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $931.54 to $932.53 inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $932.58 to $933.35 inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $935.18 to $935.98 inclusive.
F11 On March 7, 2024 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 2024. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2025, 25% will vest on February 15, 2026 and the remaining 25% will vest on February 15, 2027, subject solely to continued service.
F12 Restricted stock unit award expires upon reporting person's termination of service.