Home > Insider Trading > Filing (0001209191-19-010022)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1710583	Switch Inc.	SWCH	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1012741	M Peter Thomas	2300 West Sahara Avenue Suite 530 Las Vegas NV 89102		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	2019-01-04	2,000	$7.17	30,500	No	4	S	Direct
Class A Common Stock	Disposition	2019-01-08	2,000	$7.84	28,500	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	10,072,000	Direct
Class B Common Stock	3,779,888	Indirect	BY LLC

Footnotes

The Reporting Person's sale of the Issuer's Class A common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the purchase of shares of Class A common stock. Pursuant to a Short Swing Agreement dated January 25, 2019 between the Reporting Person and the Issuer, the Issuer has collected the full amount of profits subject to disgorgement in accordance with Section 16 rules.
Pursuant to the Amended and Restated Articles of Incorporation of the Issuer, the shares of Class B common stock: (i) confer only voting rights (one vote per share) and do not confer any incidents of economic ownership to the holders thereof; and (ii) are forfeited and cancelled, on a one-for-one basis, without consideration, upon the redemption of Common Units for shares of Class A common stock, or cash, at the Issuer's election.
Held by Thomas & Mack Co., Limited Liability Company, of which Mr. Thomas is a managing member and has sole voting and dispositive control of the shares. Mr. Thomas disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.