FERRIS PETER 4

4 · EQUINIX INC · Filed Feb 18, 2011

Form 4

Period: 2011-02-16

SVP, Worldwide Sales

Transactions

Exercise/Conversion
Common Stock
2011-02-17+5,525→ 70,757 total
Exercise/Conversion
Restricted Stock Units
2011-02-17−5,525→ 5,524 total
Exercise: $0.00→ Common Stock (5,525 underlying)
Sale
Common Stock
2011-02-18$91.26/sh−2,580$235,456→ 68,177 total
Award
Restricted Stock Units
2011-02-16+11,049→ 11,049 total
Exercise: $0.00→ Common Stock (11,049 underlying)

Holdings

Footnotes (4)

[F1]Shares sold pursuant to a 10b5-1 Trading Plan.
[F2]The average price of $91.2619 consists of the following blocks of shares: 100 shares sold at $90.70, 100 at $90.73, 200 at $90.74, 100 at $90.90, 100 at $90.91, 180 at $90.9101, 100 at $90.94, 100 at $91.02, 100 at $91.24, 100 at $91.25, 200 at $91.28, 100 at $91.29, 100 at $91.32, 100 at $91.46, 200 at $91.60, 100 at $91.61, 100 at $91.64, 100 at $91.65, 200 at $91.68, 100 at $91.80 and 100 at $91.86.
[F3]On February 11, 2010, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2010. These targets were achieved at the rate of 110.5% out of a possible 120%, therefore 50% of the achievement level of the award vested on 2/17/2011, with 25% additional units of the achievement level of the award scheduled to vest on each of February 15, 2012 and February 15, 2013, subject solely to continued service.
[F4]Restricted stock unit award expires upon reporting person's termination of employment.

Documents

1 file