Home/Filings/4/0001127602-24-005710
4//SEC Filing

VAN CAMP PETER 4

Accession 0001127602-24-005710

CIK 0001101239other

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 4:22 PM ET

Size

17.8 KB

Accession

0001127602-24-005710

Insider Transaction Report

Form 4
Period: 2024-02-15
Transactions
  • Exercise/Conversion

    Common Stock

    2024-02-15+1608,128 total
  • Exercise/Conversion

    Common Stock

    2024-02-15+1798,307 total
  • Sale

    Common Stock

    2024-02-16$863.49/sh100$86,3498,207 total
  • Sale

    Common Stock

    2024-02-16$867.04/sh61$52,8898,146 total
  • Sale

    Common Stock

    2024-02-16$871.32/sh1$8718,145 total
  • Sale

    Common Stock

    2024-02-16$872.82/sh13$11,3478,132 total
  • Exercise/Conversion

    Restricted Stock Unit

    2024-02-151600 total
    Exercise: $0.00Common Stock (160 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2024-02-15179179 total
    Exercise: $0.00Common Stock (179 underlying)
Footnotes (6)
  • [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 $866.93 to $867.40, 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 footnote 3 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 $872.35 to $873.00 inclusive.
  • [F4]On February 18, 2021, 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 2021. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 24, 2022, 25% will vest on February 15, 2023 and the remaining 25% will on February 15, 2024, subject solely to continued service.
  • [F5]Restricted stock unit award expires upon reporting person's termination of service.
  • [F6]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 attainment of certain AFFO, Revenue and EBITDA targets for 2022. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2023, 25% will vest on February 15, 2024 and the remaining 25% will vest on February 15, 2025, subject solely to continued service.

Issuer

EQUINIX INC

CIK 0001101239

Entity typeother

Related Parties

1
  • filerCIK 0001202111

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:22 PM ET
Size
17.8 KB