Thomas Steven Clark 5
5 · Switch, Inc. · Filed Feb 14, 2019
Insider Transaction Report
Form 5
Switch, Inc.SWCH
Thomas Steven Clark
10% Owner
Transactions
- Purchase
CLASS A COMMON STOCK
2018-05-15$13.16/sh+80,000$1,052,800→ 80,000 total - Purchase
CLASS A COMMON STOCK
2018-08-14$10.56/sh+28,000$295,758→ 108,000 total - Purchase
CLASS A COMMON STOCK
2018-11-15$7.40/sh+80,000$592,000→ 188,000 total
Holdings
- 3,405,461
CLASS B COMMON STOCK
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple trades at prices ranging from $10.53 to $10.60, 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 purchased at each separate price within the range set forth in footnote (1) to this Form 5.
- [F2]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.