Filing Details
- Accession Number:
- 0001719015-18-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-10 15:04:50
- Reporting Period:
- 2018-08-09
- Accepted Time:
- 2018-08-10 15:04:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1710583 | Switch Inc. | SWCH | Services-Computer Programming, Data Processing, Etc. (7370) | 821883953 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1719015 | Gonsalves William Balelo | 10889 Eden Ridge Ave Las Vegas NV 89135 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2018-08-09 | 42,156 | $13.72 | 1,000 | No | 4 | S | Indirect | BY LLC |
Class A Common Stock | Disposition | 2018-08-09 | 50,986 | $13.74 | 1,000 | No | 4 | S | Indirect | BY TRUST |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | BY LLC |
No | 4 | S | Indirect | BY TRUST |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 8,413,000 | Indirect | BY LLC |
Class B Common Stock | 5,360,920 | Indirect | BY TRUST |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | COMMON UNITS | $0.00 | 8,413,000 | 8,413,000 | Indirect | ||
Class A Common Stock | COMMON UNITS | $0.00 | 5,360,920 | 5,360,920 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
8,413,000 | 8,413,000 | Indirect | |
5,360,920 | 5,360,920 | Indirect |
Footnotes
- Prices of securities reported in U.S. Dollars on a per share basis, not an aggregate basis. Amounts reported exclude brokerage commissions and other costs of execution. This transaction was executed in multiple trades at prices ranging from $13.67 to $13.75. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- Held by Balelo Holdings LLC, as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. Mr. Balelo disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
- Prices of securities reported in U.S. Dollars on a per share basis, not an aggregate basis. Amounts reported exclude brokerage commissions and other costs of execution. This transaction was executed in multiple trades at prices ranging from $13.70 to $13.77. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- Held by Balelo Family Irrevocable Subtrust, as to which Mr. Balelo has the power to direct the sale or disposition of the shares held by the trust and the trust beneficiaries are Mr. Balelo and his immediate family members. Mr. Balelo disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
- The Class B Common Stock only confer voting rights (one vote per share) and do not confer economic rights.
- Reflects beneficial ownership in common membership units in Switch, Ltd. ("Common Units"). The Common Units are redeemable on a one for one basis for shares of Class A Common Stock or, at the election of Issuer, cash equal to a volume weighted average market price of one share of Class A Common Stock for each Common Unit redeemed. The Common Units have no expiration date.