Eastern Capital Group LLC - 05 Nov 2020 Form 4 Insider Report for Switch, Inc.

Role: 10%+ Owner
Signature: /s/ Roger Lautzenhiser POA Eastern Capital Group LLC
Issuer symbol: N/A
Transactions as of: 05 Nov 2020
Net transactions value: -$3,621,853
Form type: 4
Filing time: 17 May 2021, 15:35:40 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SWCH	Class B Common Stock	Disposed to Issuer		-201,204	-100%		0	05 Nov 2020	Direct	F1
transaction	SWCH	Class A Common Stock	Options Exercise		+201,204			201,204	05 Nov 2020	Direct	F2
transaction	SWCH	Class A Common Stock	Sale	$3,621,853	-201,204	-100%	$18.00	0	13 May 2021	Direct	F3

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	SWCH	Common Units	Options Exercise	$0	-201,204	-100%	$0.000000^*	0	05 Nov 2020	Class A Common Stock	201,204		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class B Common Stock of the Issuer owned by the Reporting Person that were forfeited and cancelled for no consideration upon redemption and conversion of an equal number of common membership units (the "Common Units") of Switch, Ltd. (the "LLC").
F2	The Reporting Person surrendered for redemption and conversion Common Units of the LLC into an equal number of number of shares of the Issuer's Class A Common Stock. The Common Units have no expiration date.
F3	The price reported in column 4 is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions pursuant to a pooled sales transaction at prices ranging from $18.00 to $18.42, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the range set forth in this footnote (3) to this Form 4.

Remarks:

Exhibit 24 - Power of Attorney