Form 4 for EQIX Equinix
Accepted 2023-02-16 00:00:00 ET · period of report 2023-02-14 · accession 0001127602-23-005527 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-16 | 2023-02-15 | EQIX | Lin Jonathan | EVP, GM, Data Center Services | M - OptEx | $0.00 | +1,432 | 7,485 | +24% | $0 |
| DM | 2023-02-16 | 2023-02-14+ | EQIX | Lin Jonathan | EVP, GM, Data Center Services | A - Grant | $0.00 | +5,098 | 2,863 | New | $0 |
| D | 2023-02-16 | 2023-02-15 | EQIX | Lin Jonathan | EVP, GM, Data Center Services | M - OptEx | $0.00 | -1,432 | 1,431 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-15 | M | A | 1,432 | $0.00 | 7,485 | D | — | — | (F1) Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2023. |
| 2 | Derivative | Restricted Stock Unit | 2023-02-14 | A | A | 2,235 | $0.00 | 2,235 | D | $0.00 · — to — | 2,235 Common Stock | (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. |
| 3 | Derivative | Restricted Stock Unit | 2023-02-15 | A | A | 2,863 | $0.00 | 2,863 | D | $0.00 · — to — | 2,863 Common Stock | (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. (F3) Restricted stock unit award expires upon reporting person's termination of service. |
| 4 | Derivative | Restricted Stock Unit | 2023-02-15 | M | D | 1,432 | $0.00 | 1,431 | D | $0.00 · — to — | 1,432 Common Stock | (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. (F3) Restricted stock unit award expires upon reporting person's termination of service. |