Jonathan Lin - Feb 14, 2023 Form 4 Insider Report for EQUINIX INC (EQIX)

Role
EVP, GM, Data Center Services
Signature
/s/ Samantha Lagocki, POA
Stock symbol
EQIX
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
4
Date filed
2/16/2023, 03:19 PM
Previous filing
Jan 19, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQIX Common Stock Options Exercise $0 +1.43K +23.66% $0.00 7.49K Feb 15, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EQIX Restricted Stock Unit Award $0 +2.24K $0.00 2.24K Feb 14, 2023 Common Stock 2.24K $0.00 Direct F2, F3
transaction EQIX Restricted Stock Unit Award $0 +2.86K $0.00 2.86K Feb 15, 2023 Common Stock 2.86K $0.00 Direct F3, F4
transaction EQIX Restricted Stock Unit Options Exercise $0 -1.43K -50.02% $0.00 1.43K Feb 15, 2023 Common Stock 1.43K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2023.
F2 Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026.
F3 Restricted stock unit award expires upon reporting person's termination of service.
F4 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.