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Form 4 EQUINIX INC For: Nov 25 Filed by: Luby William K

November 26, 2014 7:09 PM EST
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Luby William K

(Last) (First) (Middle)
ONE LAGOON DRIVE
4TH FLOOR

(Street)
REDWOOD CITY CA 94065

(City) (State) (Zip)
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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/25/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 11/25/2014   A (1)   1,232 (1) A $ 0 (1) 37,793 (1) D  
Common Stock 11/25/2014   A (1)   168 (1) A $ 0 (1) 5,168 (1) I Luby Family Trust
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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 11/25/2014   A (2)   68 (2)     (2)   (2) Common Stock 68 (2) $ 0 2,111 (2) D  
Restricted Stock Units $ 0 11/25/2014   A (3)   42 (3)     (3)   (3) Common Stock 42 (3) $ 0 1,304 (3) D  
Restricted Stock Units $ 0 11/25/2014   A (4)   42 (4)     (4)   (4) Common Stock 42 (4) $ 0 1,292 (4) D  
Restricted Stock Units $ 0 11/25/2014   A (5)   42 (5)     (5)   (5) Common Stock 42 (5) $ 0 1,293 (5) D  
Explanation of Responses:
1. This report reflects shares received by the Reporting Person as a result of the Reporting Person's receipt of his pro rata portion of a special distribution declared by the Board of Directors of the Company on October 16, 2014 and paid on November 25, 2014 (the "Special Distribution").
2. Includes 68 additional unvested restricted stockunits ("RSUs") allocated on November 25, 2014 in connection with the Special Distribution and associated with the previously reported RSU grant received by the Reporting Person on June 9, 2011. The Restricted Stock Units shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) if the Reporting Person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the Reporting Person remains in continuous Service through such vesting date. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person thirty days after the Reporting Person's separation from service or earlier in the event the Company is subject to a change in control event or in the event of the Reporting Person's death.
3. Reflects 42 additional unvested Restricted Stock Units ("RSUs") allocated on November 25, 2014 in connection with the special distribution and associated with the previously reported RSU grant received by the Reporting Person on June 5, 2012. The RSUs shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) if the Reporting Person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the Reporting Person remains in continuous service through such vesting date. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person thirty days after the Reporting Person's separation from service or earlier in the event the Company is subject to a change in control event or in the event of the Reporting Person's death.
4. Reflects 42 additional unvested Restricted Stock Units ("RSUs") allocated on November 25, 2014 in connection with the special distribution and associated with the previously reported RSU grant received by the Reporting Person on June 5, 2013. The RSUs shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) if the Reporting Person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the Reporting Person remains in continuous service through such vesting date. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person thirty days after the Reporting Person's separation from service or earlier in the event the Company is subject to a change in control event or in the event of the Reporting Person's death.
5. Reflects 42 additional unvested Restricted Stock Units ("RSUs") allocated on November 25, 2014 in connection with the special distribution and associated with the previously reported RSU grant received by the Reporting Person on June 4, 2014. The RSUs shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) if the Reporting Person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the Reporting Person remains in continuous service through such vesting date. Pursuant to a deferral election, vested shares will be delivered to the Reporting Person thirty days after the Reporting Person's separation from service or earlier in the event the Company is subject to a change in control event or in the event of the Reporting Person's death.
Darrin B. Short, Attorney-in-Fact 11/26/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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