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Filing Details

Accession Number:: 0001719015-19-000006
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-28 15:00:52
Reporting Period:: 2019-08-23

Accepted Time:: 2019-08-28 15:00:52
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
1718904	Balelo Holdings Llc	10889 Eden Ridge Ave Las Vegas NV 89135		No	No	Yes	No
1719015	Gonsalves William Balelo	10889 Eden Ridge Ave Las Vegas NV 89135		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2019-08-23	286,991	$16.30	2,814,009	No	4	S	Indirect	BY LLC AND TRUST
Class A Common Stock	Disposition	2019-08-23	276,141	$16.30	2,537,868	No	4	S	Indirect	BY LLC AND TRUST
Class A Common Stock	Disposition	2019-08-23	20,211	$16.32	2,517,657	No	4	S	Indirect	BY LLC AND IMMEDIATE FAMILY

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	BY LLC AND TRUST
No	4	S	Indirect	BY LLC AND TRUST
No	4	S	Indirect	BY LLC AND IMMEDIATE FAMILY

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 $16.29 to $16.41. 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.
The reporting person previously transferred 1,045,444 shares of Issuer's Class A Common Stock to The Gail K. Balelo 2008 Retained Annuity Trust (the "Trust"), 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, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. The Trust effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
The reporting person previously transferred 1,005,919 shares of Issuer's Class A Common Stock to The William G. Balelo 2008 Retained Annuity Trust (the "Trust"), as to which the spouse of 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, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. The Trust effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
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 $16.27 to $16.33. 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.
The reporting person previously transferred 73,625 shares of Issuer's Class A Common Stock to John Balelo, the son of Mr. Balelo, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. John Balelo effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.