DT GRAT LM, LLC 4
4 · Switch, Inc. · Filed May 21, 2018
Insider Transaction Report
Form 4
Switch, Inc.SWCH
DT GRAT LM, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2018-05-18+200,000→ 200,000 total - Other
Class B Common Stock
2018-05-18−200,000→ 13,496,788 total - Conversion
Common Units
2018-05-18−200,000→ 13,496,788 total→ Class A Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The reporting person surrendered for redemption 200,000 common membership units in Switch, Ltd. ("Common Units") on May 18, 2018, on a one-for-one basis for Issuer Class A Common Stock. One share of Issuer Class B Common Stock, which confers only voting rights, was forfeited and cancelled, on a one-for-one basis, without consideration, upon the redemption of the Common Units in exchange for the Class A Common Stock. The Common Units are redeemable at any time, at the election of the reporting person, and have no expiration date.