Thomas A. Thomas - 01 Jul 2022 Form 4 Insider Report for Switch, Inc.

Role
Director
Signature
/s/ Gabriel Nacht, as Attorney-in-Fact for Thomas A. Thomas
Issuer symbol
N/A
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
06 Jul 2022, 16:37:45 UTC
Previous filing
17 Jun 2022
Next filing
19 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWCH Class B Common Stock Gift $0 -1,500,000 -28% $0.000000 3,857,500 01 Jul 2022 Direct F1
holding SWCH Class A Common Stock 3,084,360 01 Jul 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWCH Common Units Gift $0 -1,500,000 -28% $0.000000 3,857,500 01 Jul 2022 Class A Common Stock 1,500,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Charitable gift.
F2 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.