King Jonathan H 4

4 · Switch, Inc. · Filed Dec 8, 2022

Form 4

Period: 2022-12-06

Chief Revenue Officer

Transactions

Exercise/Conversion
Class A Common Stock
2022-12-06+33,304→ 203,402 total
Disposition to Issuer
Class A Common Stock
2022-12-06$34.25/sh−203,402$6,966,519→ 0 total
Exercise/Conversion
Performance-Based Restricted Stock Units
2022-12-06−16,652→ 0 total
From: 2022-12-06→ Class A Common Stock (33,304 underlying)

Footnotes (3)

[F1]Represents the settlement of performance-based restricted stock units into shares of Class A Common Stock based on maximum achievement of total shareholder return ("TSR") performance goals through the closing date of the merger (the "Merger") contemplated by 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.
[F2]Includes the full vesting and cancellation of 97,098 restricted stock units ("RSUs") in exchange for the per share cash Merger consideration of $34.25 on the Merger closing date in accordance with the terms of the Merger Agreement.
[F3]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 the Merger Agreement.

Documents

1 file