secwatch.observer — SEC 8-K summary
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Issuer:     EQUINIX INC (EQIX)
CIK:        0001101239
Form:       8-K/A
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001628280-24-042310
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Equinix discloses EVP Scott Crenshaw separation; $855K cash, pro-rated RSU vesting
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- Separation effective Sept 26, 2024; separation agreement signed Oct 2.
- Lump-sum cash severance: $450K base salary plus $405K target bonus ($855K total).
- Pro-rated vesting of Feb 2023 and Mar 2024 performance-based RSUs through Sept 20, 2024.
- Pro-rated vesting of time-based RSUs from same grants through Sept 20, 2024.
- COBRA premium reimbursement for 12 months; must honor nonsolicitation, nondisparagement, cooperation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101239/000162828024042310/0001628280-24-042310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101239/000162828024042310/eqix-20240910.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-042310

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