Form 4 for EQIX Equinix
Accepted 2024-02-14 00:00:00 ET · period of report 2024-02-12 · accession 0001127602-24-005122 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-14 | 2024-02-13 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | S - Sale+OE | $832.84 | -729 | 14.5K | -5% | -$607.1K |
| D | 2024-02-14 | 2024-02-12 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | M - OptEx | $0.00 | +1,375 | 14.7K | +10% | $0 |
| D | 2024-02-14 | 2024-02-12 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | M - OptEx | $0.00 | -1,375 | 1,374 | -50% | $0 |
| D | 2024-02-14 | 2024-02-12 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | A - Grant | $0.00 | +2,749 | 2,749 | New | $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 | 2024-02-13 | S | D | 226 | $832.88 | 14,263 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $832.45 to $833.27 inclusive. |
| 2 | Common | Common Stock | 2024-02-13 | S | D | 150 | $834.03 | 14,113 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $833.50 to $834.33 inclusive. |
| 3 | Common | Common Stock | 2024-02-13 | S | D | 120 | $830.35 | 14,581 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $830.26 to $830.45, 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 footnotes 3 through 6 to this Form 4. |
| 4 | Common | Common Stock | 2024-02-13 | S | D | 30 | $828.04 | 14,701 | D | — | — | |
| 5 | Common | Common Stock | 2024-02-12 | M | A | 1,375 | $0.00 | 14,731 | D | — | — | |
| 6 | Common | Common Stock | 2024-02-13 | S | D | 30 | $836.38 | 14,002 | D | — | — | |
| 7 | Common | Common Stock | 2024-02-13 | S | D | 81 | $835.74 | 14,032 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $835.35 to $836.07 inclusive. |
| 8 | Common | Common Stock | 2024-02-13 | S | D | 92 | $831.87 | 14,489 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $831.43 to $832.25 inclusive. |
| 9 | Derivative | Restricted Stock Unit | 2024-02-12 | M | D | 1,375 | $0.00 | 1,374 | D | $0.00 · — to — | 1,375 Common Stock | (F7) On February 14, 2023, 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 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service. (F8) Restricted stock unit award expires upon reporting person's termination of service. |
| 10 | Derivative | Restricted Stock Unit | 2024-02-12 | A | A | 2,749 | $0.00 | 2,749 | D | $0.00 · — to — | 2,749 Common Stock | (F7) On February 14, 2023, 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 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service. (F8) Restricted stock unit award expires upon reporting person's termination of service. |