FERRIS PETER 4
4 · EQUINIX INC · Filed Feb 17, 2011
Insider Transaction Report
Form 4
EQUINIX INCEQIX
FERRIS PETER
SVP, Worldwide Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-02-15−2,500→ 0 totalExercise: $0.00→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2011-02-15+7,000→ 68,500 total - Sale
Common Stock
2011-02-16$91.35/sh−3,268$298,546→ 65,232 total - Exercise/Conversion
Restricted Stock Units
2011-02-15−4,500→ 4,500 totalExercise: $0.00→ Common Stock (4,500 underlying)
Holdings
- 276(indirect: By Children)
Common Stock
Footnotes (6)
- [F1]Includes 378 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2011.
- [F2]Shares sold pursuant to a 10b5-1 Trading Plan.
- [F3]The average price of $91.3544 consists of the following blocks of shares: 100 shares sold at $90.84, 100 at $90.88, 100 at $90.96, 100 at $90.99, 100 at $91.13, 100 at $91.26, 100 at $91.27, 200 at $91.28, 350 at $91.29, 100 at $91.30, 100 at $91.32, 100 at $91.40, 100 at $91.41, 101 at $ 91.4104, 67 at $91.42, 250 at $91.44, 100 at $91.45, 90 at $91.48, 310 at $91.49, 100 at $91.51, 300 at $91.54, 100 at $91.58, 100 at $91.66 and 100 at $91.68.
- [F4]On January 31, 2008, the reporting person was granted restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2008. These targets were achieved, therefore 50% of the award vested on February 13, 2009, with 25% additional units scheduled to vest on each of February 15, 2010 and February 15, 2011, subject solely to continued service.
- [F5]Restricted stock unit award expires upon reporting person's termination of employment.
- [F6]On March 9, 2009, the reporting person was granted restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2009. These targets were achieved to the maximum extent, therefore 50% of the award vested on 2/12/10, with 25% additional units scheduled to vest on each of February 15, 2011 and February 15, 2012, subject solely to continued service.