Prospectus Supplement No. 1 dated March 5, 2004

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-108783

 

Prospectus Supplement No. 1 dated March 5, 2004

(to Prospectus dated September 23, 2003)

 

500,000 Shares

 

LOGO

 

EQUINIX, INC.

 

Common Stock

 

 

The following information supplements the information contained in our prospectus dated September 23, 2003, relating to the resale by certain of our selling stockholders of up to 500,000 shares of our common stock. Crosslink Ventures IV, L.P., Offshore Crosslink Omega Ventures IV and Crosslink Ventures IV GmbH & Co. KG recently distributed 184,000, 65,200 and 8,050 shares of our common stock, respectively, to their limited partners and other interest holders. You should read this prospectus supplement in conjunction with the prospectus, and this prospectus supplement is qualified by reference to the prospectus, except to the extent that the information in this prospectus supplement supersedes the information contained in the prospectus.

 

The information contained in the table appearing under the heading “Selling Stockholders” on pages 15 and 16 of the prospectus is hereby amended and restated in its entirety as follows:

 

    

Shares Beneficially Owned

Prior to Offering

    

Number of

Shares Being

Offered

   

Shares Beneficially Owned

After the Offering**

  

Name and Address of

Selling Stockholders***

   

Number of

Shares

     Percent
         

Number of

Shares

    Percent
  

Omega Bayview IV(1)

    Two Embarcadero Center

    Suite 2200

    San Francisco, CA 94111

    83,400 (2)   *     13,900    69,500    *  

Crosslink Crossover Fund III(1)

    Two Embarcadero Center

    Suite 2200

    San Francisco, CA 94111

    1,026,600 (3)   6.64 %   171,100    855,500    5.53 %

Offshore Crosslink Crossover Fund III(1)

    Two Embarcadero Center

    Suite 2200

    San Francisco, CA 94111

    196,500 (4)   1.27     32,750    163,750    1.06  

    

Shares Beneficially Owned

Prior to Offering

   

Number of

Shares Being

Offered

   

Shares Beneficially Owned

After the Offering**

Name and Address of

Selling Stockholders***

   

Number of

Shares

     Percent
        

Number of

Shares

    Percent

Gary Hromadko(1)

    Two Embarcadero Center

    Suite 2200

    San Francisco, CA 94111

    150,000 (5)   *    25,000    125,000    *

1993 GF Partnership, L.P.

    1,984 (6)   *    1,984    —    *

American Family Mutual Insurance Co.

    11,670 (6)   *    11,670    —    *

Anderson, David

    875 (6)   *    875    —    *

Anderson, Jeffrey

    875 (6)   *    875    —    *

Anderson, John R. IRA

    1,167 (6)   *    1,167    —    *

Anderson, Kristin

    875 (6)   *    875    —    *

Anderson, Tracy

    875 (6)   *    875    —    *

Athlon Venture Fund I

    4,668 (6)   *    4,668    —    *

Beehive Investors II, LLC

    2,334 (6)   *    2,334    —    *

Blatt Funk Living Trust

    58 (6)   *    58    —    *

Briggs & Stratton

    17,504 (6)   *    17,504    —    *

City National Corporation

    1,167 (6)   *    1,167    —    *

Cornerstone Ventures

    292 (6)   *    292    —    *

Couric Family Living Trust dtd 2-12-03

    3,501 (6)   *    3,501    —    *

Downey Toy Company (Omega IV)

    467 (6)   *    467    —    *

Elefant, Steven & Debra Trust

    117 (6)   *    117    —    *

Feuille, James

    1,167 (6)   *    1,167    —    *

Kimberly Fox

    117 (6)   *    117    —    *

GE Capital

    5,835 (6)   *    5,835    —    *

Getz Family Trust

    3,501 (6)   *    3,501    —    *

Glenbrook Partners, LP

    3,501 (6)   *    3,501    —    *

GS PEP 1999 Manager Fund

    312 (6)   *    312    —    *

GS PEP Technology Fund 2000

    9,814 (6)   *    9,814    —    *

GS PEP Technology Fund 2000 Offshore

    3,873 (6)   *    3,873    —    *

Gutierrez Anderson Community Trust UDT dated June 18, 2001

    1,167 (6)   *    1,167    —    *

Hon, Barry

    1,167 (6)   *    1,167    —    *

Horizons Trading

    5,835 (6)   *    5,835    —    *

Kablanian, Adam

    2,334 (6)   *    2,334    —    *

Key Capital

    11,670 (6)   *    11,670    —    *

Lakeside Family I, LLC

    1,167 (6)   *    1,167    —    *

Merit Venture Fund IV, LP

    2,334 (6)   *    2,334    —    *

Northrop Grumman

    40,841 (6)   *    40,841    —    *

Penny Hardaway Investments LLC

    1,167 (6)   *    1,167    —    *

    

Shares Beneficially Owned

Prior to Offering

    

Number of

Shares Being

Offered

   

Shares Beneficially Owned

After the Offering**

  

Name and Address of

Selling Stockholders***

   

Number of

Shares

     Percent
         

Number of

Shares

    Percent
  

Permal Private Equity Holdings 2000, LP

    2,917 (6)   *     2,917    —    *  

Prim, Wayne L. Foundation

    583 (6)   *     583    —    *  

Schwartz, William M.

    58 (6)   *     58    —    *  

Sentry Insurance

    11,670 (6)   *     11,670    —    *  

Shah 1996 Trust

    2,334 (6)   *     2,334    —    *  

Shea Ventures, LLC

    7,002 (6)   *     7,002    —    *  

Shoemaker, Grant LLC

    292 (6)   *     292    —    *  

Shubat Family Revocable Trust

    1,167 (6)   *     1,167    —    *  

Stone Street PEP Technology Fund 2000

    3,506 (6)   *     3,506    —    *  

Stoneridge Investments LP

    4,668 (6)   *     4,668    —    *  

Sullivan, Joseph

    175 (6)   *     175    —    *  

Tullius Investors II, LLC

    1,167 (6)   *     1,167    —    *  

Vidmar, Peter

    350 (6)   *     350    —    *  

Wilhelme, Frank Trust

    29 (6)   *     29    —    *  

Windsmog Partners LLC

    2,334 (6)   *     2,334    —    *  

Woodside Investments, LP

    1,167 (6)   *     1,167    —    *  

Wright, Alton

    350 (6)   *     350    —    *  

Atwill Holdings, Ltd.

    9,297 (7)   *     9,297    —    *  

HFI Private Equity Ltd.

    12,395 (7)   *     12,395    —    *  

IDF Investment Foundation

    3,099 (7)   *     3,099    —    *  

Industrial Bank of Kuwait

    3,719 (7)   *     3,719    —    *  

JAFCO America Ventures

    1,240 (7)   *     1,240    —    *  

JAFCO Co., Ltd.

    2,479 (7)   *     2,479    —    *  

MF Custodians Ltd.

    4,462 (7)   *     4,462    —    *  

Mizuho Bank

    18,592 (7)   *     18,592    —    *  

Mizuho Capital Company

    2,479 (7)   *     2,479    —    *  

Tokio Marine and Fire

    6,198 (7)   *     6,198    —    *  

WHC, Inc.

    1,240 (7)   *     1,240    —    *  

BVT-CAM Private Equity Global Fund GmbH & Co. KG

    967 (8)   *     967    —    *  

CAM ZWEI Private Equity GmbH & Co. KG

    3,868 (8)   *     3,868    —    *  

Plattner, Hasso

    3,215 (8)   *     3,215    —    *  

TOTAL

    1,713,750     — %   500,000    1,213,750    — %
* Less than 1%.
** Assumes sale of all the shares offered; however, the selling stockholders may or may not sell all or any of the offered shares.
*** Includes limited partners, donees and pledgees selling shares that are received from a named selling stockholder.
(1) Gary Hromadko is a venture partner with Crosslink Capital and a current director of Equinix.
(2) Includes 13,900 shares of common stock received upon the exercise of a common stock warrant, and 69,500 shares of common stock that could be issued upon conversion of a Series A-2 Convertible Secured Note.

(3) Includes 171,100 shares of common stock received upon the exercise of a common stock warrant, and 855,500 shares of common stock that could be issued upon conversion of a Series A-2 Convertible Secured Note.
(4) Includes 32,750 shares of common stock received upon the exercise of a common stock warrant, and 163,750 shares of common stock that could be issued upon conversion of a Series A-2 Convertible Secured Note.
(5) Includes 25,000 shares of common stock received upon the exercise of a common stock warrant, and 125,000 shares of common stock that could be issued upon conversion of a Series A-2 Convertible Secured Note.
(6) All shares being offered were received in a distribution from Crosslink Ventures IV, L.P., which beneficially owns 920,000 shares of common stock issuable upon conversion of a Series A-2 Note.
(7) All shares being offered were received in a distribution from Offshore Crosslink Omega Ventures IV, which beneficially owns 326,000 shares of common stock issuable upon conversion of a Series A-2 Note.
(8) All shares being offered were received in a distribution from Crosslink Omega Ventures I GmbH & Co. KG, which beneficially owns 40,250 shares of common stock issuable upon conversion of a Series A-2 Convertible Note.