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Equinix's CEO & President just disposed of 4,000 shares

Stephen M Smith, Equinix's CEO & President and a director of the company, recently disposed of 4,000 shares of the company. The disposals took place at prices ranging from $331.28 to $333.43 per share, on April 04, 2016. Smith still owns 29,092 shares of the company. Smith operates out of Redwood City, CA. Some additional info was provided as follows:

Shares were sold pursuant to a 10b5-1 Trading Plan The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions...