4//SEC Filing
EQUINIX INC 4
Accession 0001181431-14-037474
$EQIXCIK 0001101239operating
Filed
Nov 27, 7:00 PM ET
Accepted
Nov 28, 5:18 PM ET
Size
18.8 KB
Accession
0001181431-14-037474
Insider Transaction Report
Form 4
EQUINIX INCEQIX
WEINBERG ELI J
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
PHOEBE SNOW FOUNDATION
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SAN FRANCISCO PARTNERS LP
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
MCDERMOTT EDWARD H
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SPO ADVISORY PARTNERS LP
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SF ADVISORY PARTNERS LP
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SPO ADVISORY CORP
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SCULLY JOHN H
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
SPO PARTNERS II LP
10% Owner
Transactions
- Other
Common Stock
2014-11-25+130,753→ 5,616,449 total(indirect: See footnotes)
Footnotes (4)
- [F1]The entities receiving these shares are SPO Partners II, L.P. ("SPO Partners"), which received 121,747 shares, San Francisco Partners, L.P. ("SF Partners"), which received 7,802 shares, and Phoebe Snow Foundation ("PSF"), which received 1,204 shares. The shares were received as the result of a stock dividend.
- [F2]As a result of the receipt causing this filing, 5,278,147 shares of the issuer's common stock are owned directly by SPO Partners, and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), Edward H. McDermott ("EHM") and Eli J. Weinberg ("EJW"), the three controlling persons of SPO Corp. Additionally, as a result of the receipt, 338,302 shares of the issuer's common stock are owned directly by SF Partners, and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, EHM and EJW, the three controlling persons of SPO Corp.
- [F3]Additionally, as a result of the receipt, 52,204 shares of the issuer's common stock are owned directly by PSF.
- [F4]On October 16, 2014, the issuer announced a special dividend distribution, payable to all holders of record of common stock on October 27, 2014, of $7.57 for each share of common stock outstanding. Shareholders had the option to elect stock or cash in the transaction, provided that the total amount of cash payable to all stockholders in the distribution would be limited to a maximum of $83.2 million, with any remaining balance paid in stock. The reporting persons elected to receive 100% cash in the distribution. On November 25, 2014, the payment date, the results of the elections and the applicable proration were confirmed. As a result of proration of their cash election, the reporting persons received a portion of the dividend payment as a stock distribution.
Issuer
EQUINIX INC
CIK 0001101239
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001101239
Filing Metadata
- Form type
- 4
- Filed
- Nov 27, 7:00 PM ET
- Accepted
- Nov 28, 5:18 PM ET
- Size
- 18.8 KB