Filing Details

Accession Number:
0001719015-18-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-08 16:27:59
Reporting Period:
2018-08-06
Accepted Time:
2018-08-08 16:27:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1710583 Switch Inc. SWCH Services-Computer Programming, Data Processing, Etc. (7370) 821883953
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1719015 Gonsalves William Balelo 10889 Eden Ridge Ave
Las Vegas NV 89135
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2018-08-06 45,956 $13.50 47,200 No 4 S Indirect BY LLC
Class A Common Stock Disposition 2018-08-06 25,000 $13.50 74,690 No 4 S Indirect BY TRUST
Class A Common Stock Disposition 2018-08-07 4,044 $13.50 43,156 No 4 S Indirect BY LLC
Class A Common Stock Disposition 2018-08-07 22,704 $13.51 51,986 No 4 S Indirect BY TRUST
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect BY LLC
No 4 S Indirect BY TRUST
No 4 S Indirect BY LLC
No 4 S Indirect BY TRUST
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 8,413,000 Indirect BY LLC
Class B Common Stock 5,360,920 Indirect BY TRUST
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock COMMON UNITS $0.00 8,413,000 8,413,000 Indirect
Class A Common Stock COMMON UNITS $0.00 5,360,920 5,360,920 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
8,413,000 8,413,000 Indirect
5,360,920 5,360,920 Indirect
Footnotes
  1. Prices 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.
  2. 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.
  3. Held 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.
  4. The Class B Common Stock only confer voting rights (one vote per share) and do not confer economic rights.
  5. Reflects 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.