Filing Details

Accession Number:
0001719015-20-000002
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2020-01-15 10:11:34
Reporting Period:
2019-08-23
Accepted Time:
2020-01-15 10:11:34
Original Submission Date:
2019-08-28
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
1718904 Balelo Holdings Llc 10889 Eden Ridge Ave
Las Vegas NV 89135
No No No Yes
1718910 L.p. Family Balelo 10889 Eden Ridge Ave
Las Vegas NV 89135
No No No Yes
1718911 Subtrust Irrevocable Family Balelo 10889 Eden Ridge Ave
Las Vegas NV 89135
No No No Yes
1719015 Gonsalves William Balelo 10889 Eden Ridge Ave
Las Vegas NV 89135
No No No Yes
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 2019-08-23 286,991 $16.30 2,814,009 No 4 S Indirect BY LLC AND TRUST
Class A Common Stock Disposition 2019-08-23 276,141 $16.30 2,537,868 No 4 S Indirect BY LLC AND TRUST
Class A Common Stock Disposition 2019-08-23 20,211 $16.32 2,517,657 No 4 S Indirect BY LLC AND IMMEDIATE FAMILY
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect BY LLC AND TRUST
No 4 S Indirect BY LLC AND TRUST
No 4 S Indirect BY LLC AND IMMEDIATE FAMILY
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. This transaction was executed in multiple trades at prices ranging from $16.29 to $16.41. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
  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. The reporting person previously transferred 1,045,444 shares of Issuer's Class A Common Stock to The Gail K. Balelo 2008 Retained Annuity Trust (the "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. The Trust effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
  4. The reporting person previously transferred 1,005,919 shares of Issuer's Class A Common Stock to The William G. Balelo 2008 Retained Annuity Trust (the "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. The Trust effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.
  5. 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. This transaction was executed in multiple trades at prices ranging from $16.27 to $16.33. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
  6. The reporting person previously 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. John Balelo effectuated the transactions of the securities reported as sold. Mr. Balelo and the LLC disclaim beneficial ownership of these shares, except to the extent of their pecuniary interests.