SEC Form 5 · accession 0001209191-19-010019
Switch, Inc. · SWCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Clark Thomas
10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Feb 14, 2019 · 12:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001710583
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1 | May 15, 2018 | P | 80,000 | $13.16 | A | 80,000 | D | |
| CLASS A COMMON STOCKF1 | Aug 14, 2018 | P | 28,000 | $10.5628 | A | 108,000 | D | |
| CLASS A COMMON STOCK | Nov 15, 2018 | P | 80,000 | $7.40 | A | 188,000 | D | |
| CLASS B COMMON STOCKF2 | holding | — | — | — | 3,405,461 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2Pursuant 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.