4//SEC Filing
SNYDER DONALD D 4
Accession 0001593968-22-000401
CIK 0001710583other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:33 PM ET
Size
9.7 KB
Accession
0001593968-22-000401
Insider Transaction Report
Form 4
Switch, Inc.SWCH
SNYDER DONALD D
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-01+200,000→ 200,000 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
2022-02-01−200,000→ 400,000 total(indirect: By LLC) - Exercise/Conversion
Common Units
2022-02-01−200,000→ 400,000 total(indirect: By LLC)→ Class A Common Stock (200,000 underlying)
Holdings
- 265,075
Class A Common Stock
Footnotes (3)
- [F1]Represents shares of Class B Common Stock of the Issuer owned by the reporting person that were, pursuant to the Amended and Restated Articles of Incorporation (the "Articles") of the Issuer, 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"). The Class B Common Stock only confers voting rights (one vote per share) and does not confer economic rights.
- [F2]Held by an affiliated company of Mr. Snyder.
- [F3]The reporting person 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 pursuant to the Articles of the Issuer and the Fifth Amended and Restated Operating Agreement of the LLC. The Common Units have no expiration date.
Documents
Issuer
Switch, Inc.
CIK 0001710583
Entity typeother
Related Parties
1- filerCIK 0001186752
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 4:33 PM ET
- Size
- 9.7 KB