0001645635-20-000027.txt : 20200228
0001645635-20-000027.hdr.sgml : 20200228
20200228211504
ACCESSION NUMBER: 0001645635-20-000027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200226
FILED AS OF DATE: 20200228
DATE AS OF CHANGE: 20200228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baack Sara
CENTRAL INDEX KEY: 0001557144
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31293
FILM NUMBER: 20673908
MAIL ADDRESS:
STREET 1: ONE LAGOON DRIVE
STREET 2: 4TH FLOOR
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
ISSUER:
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
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
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2020-02-26
0001101239
EQUINIX INC
EQIX
0001557144
Baack Sara
C/O EQUINIX, INC
ONE LAGOON DRIVE
REDWOOD CITY
CA
94065
0
1
0
0
Chief Product Officer
Common Stock
2020-02-27
4
M
0
1745
0
A
12338
D
Common Stock
2020-02-28
4
S
0
100
568.04
D
12238
D
Common Stock
2020-02-28
4
S
0
100
569.12
D
12138
D
Common Stock
2020-02-28
4
S
0
200
571.14
D
11938
D
Common Stock
2020-02-28
4
S
0
281
573.7319
D
11657
D
Common Stock
2020-02-28
4
S
0
100
586.25
D
11557
D
Common Stock
2020-02-28
4
S
0
100
587.69
D
11457
D
Restricted Stock Units
0
2020-02-26
4
A
0
794
0
A
Common Stock
794
794
D
Restricted Stock Units
0
2020-02-26
4
A
0
2776
0
A
Common Stock
2776
2776
D
Restricted Stock Units
0
2020-02-26
4
A
0
3489
0
A
Common Stock
3489
3489
D
Restricted Stock Units
0
2020-02-27
4
M
0
1745
0
D
Common Stock
1745
1744
D
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 RSUs.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $571.07 to $571.21, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $573.05 to $573.99 inclusive.
Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on September 1, 2020 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested..
Restricted Stock Unit award expires upon reporting person's termination of services.
Vesting is dependent upon continuous active service as an employee 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 vesting on January 15, 2021 and an additional 33.33% of the RSUs vesting on January 15, 2022 and January 15, 2023.
On February 22, 2019, 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 2019. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 27, 2020, 25% will vest on February 15, 2021 and the remaining 25% will on February 15, 2022, subject solely to continued service.
Samantha Lagocki, POA
2020-02-28