Filing Details

Accession Number:
0001593968-20-001348
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-02 19:13:46
Reporting Period:
2020-05-29
Accepted Time:
2020-06-02 19:13:46
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
1446273 A Thomas Thomas C/O Switch, Inc.
7135 South Decatur Boulevard
Las Vegas NV 89118
No No No 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 B Common Stock Disposition 2020-06-01 62,500 $0.00 8,187,500 No 4 G Direct
Class A Common Stock Disposition 2020-05-29 22,000 $18.91 1,782,135 No 4 S Direct
Class A Common Stock Disposition 2020-06-01 30,000 $18.78 1,752,135 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 G Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Common Units Disposition 2020-06-01 62,500 $0.00 62,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,187,500 No 4 G Direct
Footnotes
  1. Charitable gift.
  2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $18.900 to $18.960, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2019.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $18.660 to $18.950, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.
  5. The Common Units are redeemable on a one-for-one basis for shares of Class A Common Stock or, at the election of the 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. Upon any redemption of Common Units, one share of Class B common stock is automatically forfeited and cancelled for each Common Unit so redeemed.