0001193125-18-068888.txt : 20180302 0001193125-18-068888.hdr.sgml : 20180302 20180302160803 ACCESSION NUMBER: 0001193125-18-068888 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180119 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20180302 DATE AS OF CHANGE: 20180302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUINIX INC CENTRAL INDEX KEY: 0001101239 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 770487526 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-31293 FILM NUMBER: 18662006 BUSINESS ADDRESS: STREET 1: ONE LAGOON DRIVE CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: (650) 598-6000 MAIL ADDRESS: STREET 1: ONE LAGOON DRIVE CITY: REDWOOD CITY STATE: CA ZIP: 94065 8-K/A 1 d458359d8ka.htm AMENDMENT TO FORM 8-K Amendment to Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K/A

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): January 19, 2018

 

 

EQUINIX, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   000-31293   77-0487526

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

One Lagoon Drive

Redwood City, California 94065

(650) 598-6000

(Addresses of principal executive offices)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


On January 25, 2018, Equinix, Inc. (“Equinix”) filed a Current Report on Form 8-K (the “Original Form 8-K”) reporting that the Equinix Board of Directors had elected Equinix’s current Executive Chairman, Peter Van Camp, as interim Chief Executive Officer and President on January 19, 2018. This Form 8-K/A amends the Original Form 8-K to add disclosure regarding Mr. Van Camp’s compensation arrangements which were approved on February 27, 2018.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 27, 2018, in connection with the election of Equinix’s Executive Chairman Peter Van Camp as interim Chief Executive Officer and President, effective January 19, 2018, the Compensation Committee approved the following compensation package for Mr. Van Camp: (i) an annual salary of $750,000 effective February 18, 2018, (ii) an annual target percentage of 130% of base salary under the Equinix Annual Incentive Plan for the 2018 performance period, and (iii) the grant of 12,398 restricted stock units under the Equinix 2000 Equity Incentive Plan (the “RSUs”). Of such RSUs, 50% will vest based on revenue and adjusted funds from operations (“AFFO”) performance for 2018 and service for two years thereafter; 25% will vest based on Equinix’s total shareholder return against the Russell 1000 over a three-year period; and 25% will vest based on service-only over three years. As a result, 75% of the RSUs awarded to Mr. Van Camp are 100% at risk if the performance goals are not met.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

EQUINIX, INC.

DATE: March 2, 2018     By:  

/s/ Keith D. Taylor

     

Keith D. Taylor

     

Chief Financial Officer