Thomas Thomas A 4
4 · Switch, Inc. · Filed Dec 8, 2022
Insider Transaction Report
Form 4
Switch, Inc.SWCH
Thomas Thomas A
Director
Transactions
- Disposition to Issuer
Class B Common Stock
2022-12-06−3,857,500→ 0 total - Disposition to Issuer
Class A Common Stock
2022-12-06$34.25/sh−2,884,360$98,789,330→ 0 total - Disposition to Issuer
Common Units
2022-12-06$34.25/sh−3,857,500$132,119,375→ 0 totalFrom: 2022-12-06→ Class A Common Stock (3,857,500 underlying)
Footnotes (2)
- [F1]Represents the cancellation of the Common Units in exchange for the per share cash Merger consideration of $34.25, and the associated cancellation for no consideration of the shares of Class B common stock, on the Merger closing date in accordance with the terms of the Merger Agreement. The Common Units have no expiration date.
- [F2]Represents the cancellation of securities in exchange for the per share cash Merger consideration of $34.25, on the Merger closing date, in accordance with the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated May 11, 2022, by and among Switch, Inc. (the "Company"), Switch, Ltd., a Nevada limited liability company, Sunshine Merger Sub, Ltd., a Nevada limited liability company and a direct and wholly owned subsidiary of the Company, Sunshine Bidco Inc., a Delaware corporation ("Parent"), and Sunshine Parent Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent.