Philip J. Deutch - Nov 3, 2021 Form 4 Insider Report for Switchback II Corp (SWBK)

Signature
/s/ Philip J. Deutch, by Jim Mutrie, as Attorney-in-Fact
Stock symbol
SWBK
Transactions as of
Nov 3, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 04:29 PM
Previous filing
May 20, 2021
Next filing
Nov 4, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWBK Class B Ordinary Shares Other -7.83M -100% 0 Nov 3, 2021 Class A Ordinary Shares 7.83M See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Philip J. Deutch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Class B Ordinary Shares were convertible into Class A Ordinary Shares of the Issuer on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.
F2 In connection with the Issuer's business combination with Bird Rides, Inc., each Class B Ordinary Share of the Issuer was exchanged on a one-for-one basis for shares of Class B common stock of Bird Global, Inc., the combined company.
F3 NGP Switchback II, LLC is the record holder of the shares reported herein. Mr. Deutch is a manager of NGP Switchback II, LLC. As such, Mr. Deutch may be deemed to have or share beneficial ownership of the ordinary shares held directly by NGP Switchback II, LLC.