SEC Form 4 · accession 0001719015-18-000005

Switch, Inc. · SWCH

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

Reporting owner

10% Owner

Period of report

Aug 6, 2018

Accepted (ET)

Aug 8, 2018 · 4:27 pm EDT

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,F2	Aug 6, 2018	S	45,956	$13.50	D	47,200	I	BY LLC
CLASS A COMMON STOCK^F1,F3	Aug 6, 2018	S	25,000	$13.50	D	74,690	I	BY TRUST
CLASS A COMMON STOCK^F1,F2	Aug 7, 2018	S	4,044	$13.50	D	43,156	I	BY LLC
CLASS A COMMON STOCK^F1,F3	Aug 7, 2018	S	22,704	$13.51	D	51,986	I	BY TRUST
CLASS B COMMON STOCK^F4,F2	holding	—	—		—	8,413,000	I	BY LLC
CLASS B COMMON STOCK^F4,F3	holding	—	—		—	5,360,920	I	BY TRUST

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
COMMON UNITS^F5,F2	—	holding	—	—	—	—	—	CLASS A COMMON STOCK	8,413,000	8,413,000	I
COMMON UNITS^F5,F3	—	holding	—	—	—	—	—	CLASS A COMMON STOCK	5,360,920	5,360,920	I

F1Prices of securities reported in U.S. Dollars on a per share basis, not an aggregate basis. Amounts reported exclude brokerage commissions and other costs of execution.
F2Held 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.
F3Held by 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. Mr. Balelo disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
F4The Class B Common Stock only confer voting rights (one vote per share) and do not confer economic rights.
F5Reflects beneficial ownership in common membership units in Switch, Ltd. ("Common Units"). The Common Units are redeemable on a one for one basis for shares of Class A Common Stock or, at the election of Issuer, cash equal to a volume weighted average market price of one share of Class A Common Stock for each Common Unit redeemed. The Common Units have no expiration date.