Filing Details
- Accession Number:
- 0000899243-19-027231
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-13 19:23:06
- Reporting Period:
- 2019-11-13
- Accepted Time:
- 2019-11-13 19:23:06
- SEC Url:
- Form 4 Filing
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 W. Sahara Ave. Ste 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 | 2019-11-13 | 30,000 | $15.98 | 970,500 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2019-11-13 | 20,000 | $15.99 | 950,500 | 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 A Common Stock | 379,888 | Indirect | BY LLC |
Class B Common Stock | 9,100,000 | Direct | |
Class B Common Stock | 3,400,000 | 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 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 prcuniary interest.