4//SEC Filing
Balelo Holdings LLC 4
Accession 0001719015-19-000005
CIK 0001710583other
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 5:46 PM ET
Size
24.6 KB
Accession
0001719015-19-000005
Insider Transaction Report
Form 4
Switch, Inc.SWCH
Balelo Holdings LLC
10% Owner
Transactions
- Other
CLASS A COMMON STOCK
2019-06-25−1,005,919→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−1,045,444→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−231,012→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−294,500→ 2,806,500 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−147,250→ 2,659,250 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−73,625→ 3,101,000 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−155,000→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−147,250→ 2,512,000 total(indirect: By LLC)
Balelo William Gonsalves
10% Owner
Transactions
- Other
CLASS A COMMON STOCK
2019-06-25−155,000→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−231,012→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−73,625→ 3,101,000 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−1,045,444→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−1,005,919→ 3,101,000 total(indirect: By Trust) - Other
CLASS A COMMON STOCK
2019-06-25−294,500→ 2,806,500 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−147,250→ 2,659,250 total(indirect: By LLC) - Other
CLASS A COMMON STOCK
2019-06-25−147,250→ 2,512,000 total(indirect: By LLC)
Footnotes (9)
- [F1]The reporting person transferred 1,005,919 shares of Issuer's Class A Common Stock to The William G. Balelo 2008 Retained Annuity Trust, as to which the spouse of Mr. Balelo has the power to direct the sale or disposition of the shares held by the trust and the trust beneficiaries are Mr. Balelo and his immediate family members, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F2]Held by Balelo Holdings LLC, as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. Mr. Balelo disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
- [F3]The reporting person transferred 1,045,444 shares of Issuer's Class A Common Stock to The Gail K. Balelo 2008 Retained Annuity Trust, as to which Mr. Balelo has the power to direct the sale or disposition of the shares held by the trust and the trust beneficiaries are Mr. Balelo and his immediate family members, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F4]The reporting person transferred 155,000 shares of Issuer's Class A Common Stock to the Balelo Family Irrevocable Subtrust, as to which Mr. Balelo has the power to direct the sale or disposition of the shares held by the trust and the trust beneficiaries are Mr. Balelo and his immediate family members, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F5]The reporting person transferred 231,012 shares of Issuer's Class A Common Stock to The Balelo 2012 Irrevocable Trust, as to which Mr. Balelo has the power to direct the sale or disposition of the shares held by the trust and the trust beneficiaries are Mr. Balelo and his immediate family members, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F6]The reporting person transferred 73,625 shares of Issuer's Class A Common Stock to John Balelo, the son of Mr. Balelo, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F7]The reporting person transferred 294,500 shares of Issuer's Class A Common Stock to a family trust, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F8]The reporting person transferred 147,250 shares of Issuer's Class A Common Stock to a survivors trust, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
- [F9]The reporting person transferred 147,250 shares of Issuer's Class A Common Stock to a family trust, in exchange for a release of an equivalent value of the membership units of Balelo Holdings LLC (the "LLC"), as to which Mr. Balelo is a Managing Member and maintains voting and dispositive control of these shares. This distribution was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Act"), as a change in form of beneficial ownership. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
Documents
Issuer
Switch, Inc.
CIK 0001710583
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001718904
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 5:46 PM ET
- Size
- 24.6 KB