Form 4 for EQIX Equinix
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001127602-24-005699 · 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 | 2024-02-20 | 2024-02-16 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | S - Sale+OE | $865.20 | -975 | 15.0K | -6% | -$843.6K |
| DM | 2024-02-20 | 2024-02-15 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | M - OptEx | $0.00 | +1,888 | 14.9K | +15% | $0 |
| DM | 2024-02-20 | 2024-02-15 | EQIX | MORANDI BRANDI GALVIN | Chief Legal, HR Off | M - OptEx | $0.00 | -1,888 | 1,031 | -65% | $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 | 2024-02-16 | S | D | 100 | $867.25 | 15,218 | D | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $867.09 to $867.77 inclusive. |
| 2 | Common | Common Stock | 2024-02-16 | S | D | 209 | $863.36 | 15,448 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $862.99 to $863.84 inclusive. |
| 3 | Common | Common Stock | 2024-02-16 | S | D | 134 | $862.05 | 15,657 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $861.80 to $862.36 inclusive. |
| 4 | Common | Common Stock | 2024-02-16 | S | D | 137 | $858.93 | 15,791 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $858.54 to $859.42, 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 4 through 10 to this Form 4. |
| 5 | Common | Common Stock | 2024-02-15 | M | A | 1,031 | $0.00 | 15,928 | D | — | — | |
| 6 | Common | Common Stock | 2024-02-15 | M | A | 857 | $0.00 | 14,897 | D | — | — | (F1) Includes 38 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2024. |
| 7 | Common | Common Stock | 2024-02-16 | S | D | 55 | $870.93 | 14,953 | D | — | — | (F10) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $870.89 to $871.53 inclusive. |
| 8 | Common | Common Stock | 2024-02-16 | S | D | 130 | $866.19 | 15,318 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $865.47 to $866.39 inclusive. |
| 9 | Common | Common Stock | 2024-02-16 | S | D | 42 | $868.66 | 15,176 | D | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $868.62 to $869.48 inclusive. |
| 10 | Common | Common Stock | 2024-02-16 | S | D | 168 | $870.38 | 15,008 | D | — | — | (F9) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $869.73 to $870.62 inclusive. |
| 11 | Derivative | Restricted Stock Unit | 2024-02-15 | M | D | 857 | $0.00 | 0 | D | $0.00 · — to — | 857 Common Stock | (F11) On February 18, 2021, 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 2021. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 24, 2022, 25% will vest on February 15, 2023 and the remaining 25% will on February 15, 2024, subject solely to continued service. (F12) Restricted stock unit award expires upon reporting person's termination of service. |
| 12 | Derivative | Restricted Stock Unit | 2024-02-15 | M | D | 1,031 | $0.00 | 1,031 | D | $0.00 · — to — | 1,031 Common Stock | (F13) 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. (F12) Restricted stock unit award expires upon reporting person's termination of service. |