Teresa A. Borden - May 26, 2021 Form 4 Insider Report for Switch, Inc. (SWCH)

Signature
/s/ Gabriel Nacht, as Attorney-in-Fact for Teresa A. Borden
Stock symbol
SWCH
Transactions as of
May 26, 2021
Transactions value $
-$7,177,218
Form type
4
Date filed
5/28/2021, 05:07 PM
Previous filing
May 28, 2021
Next filing
Jun 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWCH Class A Common Stock Sale -$3.29M -172K -3.93% $19.17 4.2M May 26, 2021 BY SPOUSE F1, F2, F3
transaction SWCH Class A Common Stock Sale -$537K -28.3K -0.67% $18.97 4.17M May 27, 2021 BY SPOUSE F2, F3, F4
transaction SWCH Class A Common Stock Sale -$1.93M -100K -3.49% $19.27 2.76M May 26, 2021 BY AFFILIATE OF SPOUSE F2, F5, F6
transaction SWCH Class A Common Stock Sale -$1.42M -75K -2.71% $18.95 2.69M May 27, 2021 BY AFFILIATE OF SPOUSE F2, F6, F7
holding SWCH Class A Common Stock 688K May 26, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $19.09 to $19.27, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.
F2 On March 5, 2021, Teresa A. Borden filed a Form 4 which inadvertently omitted reporting the indirect ownership in 4,372,502 shares of Class A Common Stock held by Ms. Borden's spouse and 2,863,498 shares of Class A Common Stock held by an affiliated entity of Ms. Borden's spouse.
F3 The inclusion of these shares held by Teresa A. Borden's spouse shall not be deemed an admission that Ms. Borden is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any securities held solely by her spouse, and Ms. Borden disclaims beneficial ownership thereof, except to the extent of any pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $18.95 to $19.02, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $19.08 to $19.40, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.
F6 The inclusion of these shares held by an affiliated company of Teresa A. Borden's spouse shall not be deemed an admission that Ms. Borden is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any securities held solely by the affiliated company of her spouse, and Ms. Borden disclaims beneficial ownership thereof, except to the extent of any pecuniary interest therein.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple trades at prices ranging from $18.87 to $19.02, inclusive. The reporting person undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price.