Statement of Changes in Beneficial Ownership (4)
January 17 2020 - 5:11PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
VAN CAMP PETER |
2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC
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EQIX
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
ONE LAGOON DRIVE, 4TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/15/2020 |
(Street)
REDWOOD CITY, CA 94065
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 1/15/2020 | | M | | 895 | A | $0 | 3628 | D | |
Common Stock | 1/15/2020 | | M | | 398 | A | $0 | 4026 | D | |
Common Stock | 1/15/2020 | | M | | 1033 | A | $0 | 5059 | D | |
Common Stock | 1/15/2020 | | M | | 596 | A | $0 | 5655 | D | |
Common Stock | 1/16/2020 | | S(1) | | 200 | D | $587.61 | 5455 | D | |
Common Stock | 1/16/2020 | | S(1) | | 100 | D | $589.68 | 5355 | D | |
Common Stock | 1/16/2020 | | S(1) | | 400 | D | $591.4575 (2) | 4955 | D | |
Common Stock | 1/16/2020 | | S(1) | | 108 | D | $593.2809 (3) | 4847 | D | |
Common Stock | 1/16/2020 | | S(1) | | 551 | D | $594.2693 (4) | 4296 | D | |
Common Stock | 1/16/2020 | | S(1) | | 100 | D | $595.5914 (5) | 4196 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units | $0 | 1/15/2020 | | A | | 895 | | (6) | (7) | Common Stock | 895 | $0 | 895 | D | |
Restricted Stock Units | $0 | 1/15/2020 | | M | | | 895 | (6) | (7) | Common Stock | 895 | $0 | 0 | D | |
Restricted Stock Units | $0 | 1/15/2020 | | M | | | 398 | (8) | (7) | Common Stock | 398 | $0 | 0 | D | |
Restricted Stock Units | $0 | 1/15/2020 | | M | | | 1033 | (9) | (7) | Common Stock | 1033 | $0 | 1032 | D | |
Restricted Stock Units | $0 | 1/15/2020 | | M | | | 596 | (10) | (7) | Common Stock | 596 | $0 | 1190 | D | |
Explanation of Responses: |
(1) | 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. |
(2) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.09 to $591.85, 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 through 5 to this Form 4. |
(3) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $593.21 to $594.17 inclusive. |
(4) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $594.1795 to $594.30 inclusive. |
(5) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $595.59 to $595.63 inclusive. |
(6) | On February 16, 2017, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period January 1, 2017 to December 31, 2019. The Compensation Committee certified that the payout for this award would be 149.37% (out of a possible 200%) of the target to the reporting person based on the degree to which Equinix performed against the Russell 1000 Index. |
(7) | Restricted stock unit award expires upon reporting person's termination of employment. |
(8) | 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 award is scheduled to vest on January 15, 2018, with an additional 33.33% units scheduled to vest on each of January 15, 2019 and January 15, 2020. |
(9) | 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 vesting on January 15, 2019 and an additional 33.33% of the RSUs vesting on January 15, 2020 and January 15, 2021. |
(10) | 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 vesting on January 15, 2020 and an additional 33.33% of the RSUs vesting on January 15, 2021 and January 15, 2022. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
VAN CAMP PETER ONE LAGOON DRIVE 4TH FLOOR REDWOOD CITY, CA 94065 | X |
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Signatures
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Samantha Lagocki, POA | | 1/17/2020 |
**Signature of Reporting Person | Date |
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