Sec Form 4 Filing - Smith Stephen M @ EQUINIX INC - 2014-01-15

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Smith Stephen M
2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO & President
(Last) (First) (Middle)
ONE LAGOON DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
01/15/2014
(Street)
REDWOOD CITY, CA94065
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/15/2014 M 12,283 A $ 0 32,558 ( 3 ) D
Common Stock 01/16/2014 S( 1 ) 6,681 D $ 179.5673 ( 2 ) 25,877 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 01/15/2014 A 12,283 ( 4 ) ( 5 ) Common Stock 12,283 $ 0 12,283 D
Restricted Stock Units $ 0 01/15/2014 M 12,283 ( 4 ) ( 5 ) Common Stock 12,283 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Smith Stephen M
ONE LAGOON DRIVE
REDWOOD CITY, CA94065
X CEO & President
Signatures
Darrin B. Short, Attorney-in-Fact 01/17/2014
Signature of Reporting Person Date
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 average price of $179.5673 consists of the following blocks of shares: 4,681 with an average price of $179.27 and 2,000 shares at an average price of $180.26.
( 3 )Includes 37 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2013.
( 4 )On February 21, 2012, 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, 2012 to December 31, 2013. The Compensation Committee certified that the payout for this award would be 136.48% (out of a possible 200%) of the target units granted to the reporting person based on the degree to which Equinix outperformed the Russell 1000 Index.
( 5 )Restricted Stock Unit award expires upon reporting person's termination of services.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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