Sec Form 4 Filing - Baack Sara @ EQUINIX INC - 2014-02-27

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
Baack Sara
2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Marketing Officer
(Last) (First) (Middle)
ONE LAGOON DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2014
(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 02/28/2014 M 502 A $ 0 2,093 ( 3 ) D
Common Stock 03/03/2014 S( 1 ) 259 D $ 188.3715 ( 2 ) 1,834 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 02/27/2014 A 1,004 ( 4 ) ( 5 ) Common Stock 1,004 $ 0 1,004 D
Restricted Stock Units $ 0 02/28/2014 M 502 ( 4 ) ( 5 ) Common Stock 502 $ 0 502 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Baack Sara
ONE LAGOON DRIVE
REDWOOD CITY, CA94065
Chief Marketing Officer
Signatures
Darrin B. Short, Attorney-in-Fact 03/03/2014
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 $188.3715 consists of the following blocks of shares: 200 at an average price of $188.20 and 59 shares at an average price of $188.97.
( 3 )Includes 146 shares acquired through the Equinix, Inc. Employee Stock Purchase Plan on February 14, 2014.
( 4 )On February 14, 2013, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain revenue and EBITDA targets for 2013. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 28, 2014, with 25% additional units scheduled to vest on each of February 15, 2015and February 15, 2016, subject solely to continued service.
( 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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