4//SEC Filing
Troesh Family Foundation 4
Accession 0001104659-21-067957
CIK 0001710583other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 3:35 PM ET
Size
24.4 KB
Accession
0001104659-21-067957
Insider Transaction Report
Form 4
Switch, Inc.SWCH
Troesh Family Foundation
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2020-11-05−201,204→ 0 total(indirect: By LLC) - Sale
Class A Common Stock
2021-05-13$18.00/sh−201,204$3,621,853→ 0 total(indirect: By LLC) - Exercise/Conversion
Class A Common Stock
2020-11-05+201,204→ 201,204 total(indirect: By LLC) - Exercise/Conversion
Common Units
2020-11-05−201,204→ 0 total(indirect: By LLC)→ Class A Common Stock (201,204 underlying)
Footnotes (3)
- [F1]Represents shares of Class B Common Stock of the Issuer indirectly owned by the Reporting Person that were forfeited and cancelled for no consideration upon redemption and conversion of an equal number of common membership units (the "Common Units") of Switch, Ltd. (the "LLC").
- [F2]The Reporting Person's subsidiary, Eastern Capital Group LLC, surrendered for redemption and conversion Common Units of the LLC into an equal number of number of shares of the Issuer's Class A Common Stock. The Common Units have no expiration date.
- [F3]The price reported in column 4 is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions pursuant to a pooled sales transaction at prices ranging from $18.00 to $18.42, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the range set forth in this footnote (3) to this Form 4.
Issuer
Switch, Inc.
CIK 0001710583
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001718872
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 3:35 PM ET
- Size
- 24.4 KB