FERRIS PETER 4
4 · EQUINIX INC · Filed Feb 17, 2012
Insider Transaction Report
Form 4
EQUINIX INCEQIX
FERRIS PETER
SVP, Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2012-02-15+7,262→ 55,843 total - Sale
Common Stock
2012-02-16$133.94/sh−3,420$458,090→ 52,423 total - Exercise/Conversion
Restricted Stock Units
2012-02-15−4,500→ 0 totalExercise: $0.00→ Common Stock (4,500 underlying) - Exercise/Conversion
Restricted Stock Units
2012-02-15−2,762→ 2,762 totalExercise: $0.00→ Common Stock (2,762 underlying)
Holdings
- 276(indirect: By Children)
Common Stock
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 restricted stock units.
- [F2]The average price of $133.9443 consists of the following blocks of shares: 100 shares sold at $130.30, 100 at $131.50, 200 at $132.51, 100 at $132.56, 100 at $132.69, 100 at $132.70, 100 at $132.84, 100 at $133.18, 100 at $133.27, 100 at $133.29, 100 at $133.45, 100 at $133.90, 200 at $134.04, 100 at $134.08, 100 at $134.24, 100 at $134.32, 100 at $134.53, 100 at $134.73, 100 at $134.74, 259 at $134.90, 461 at $134.91, 300 at $134.92, 100 at $135.00, 100 at $135.03 and 100 at $135.36.
- [F3]Includes 221 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2012.
- [F4]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.
- [F5]Restricted stock unit award expires upon reporting person's termination of employment.
- [F6]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.