SEC Form 4 · accession 0001593968-19-000152

Switch, Inc. · SWCH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Dec 13, 2018

Accepted (ET)

Jan 15, 2019 · 8:52 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 Stock^F1	Dec 13, 2018	A	343,884	$0.00	A	438,249	D
Class A Common Stock^F2	Jan 11, 2019	A	10	—	A	438,259	D
Class A Common Stock^F3	Jan 11, 2019	F	379	$7.68	D	437,880	D
Class C Common Stock	holding	—	—		—	7,759,395	D
Class C Common Stock^F4	holding	—	—		—	35,185,252	I	By LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (Right to Buy)^F5	$6.97	Dec 13, 2018	A	1,302,145	A	Mar 7, 2019	Dec 13, 2028	Class A Common Stock	1,302,145	1,302,145	D

F1Represents restricted stock units ("RSUs") granted on December 13, 2018 that convert, on a one-to-one basis, into shares of Class A Common Stock upon vesting. The RSUs will vest over time with 25% of such RSUs vesting on each of March 7, 2019, 2020, 2021, and 2022.
F2Represents shares of Class A Common Stock delivered in settlement of dividend equivalent rights awarded in connection with RSUs owned by the Reporting Person (previously reported) that accrue in cash and are settled in shares, proportionately, upon the vesting of the RSUs.
F3Represents shares withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of RSUs.
F4Held by affiliated entity; Mr. Roy and his spouse have voting and dispositive control over, and full pecuniary interests in, these shares.
F5The options will vest over time with 25% of such options vesting on each of March 7, 2019, 2020, 2021, and 2022.