Donald D. Snyder - 12 Apr 2021 Form 4 Insider Report for Switch, Inc.

Role: Director
Signature: /s/ Gabriel Nacht, as Attorney-in-Fact for Donald D. Snyder
Issuer symbol: N/A
Transactions as of: 12 Apr 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Jun 2021, 16:41:09 UTC
Next filing: 06 Jul 2021
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	Gift		-600,000	-74%		212,797	12 Apr 2021	Direct	F1
transaction	SWCH	Class B Common Stock	Gift	$0	-100,000	-47%	$0.000000	112,797	17 May 2021	Direct
transaction	SWCH	Class A Common Stock	Award	$0	+9,328	+6.5%	$0.000000	152,278	11 Jun 2021	Direct	F2
transaction	SWCH	Class B Common Stock	Gift		+600,000			600,000	12 Apr 2021	BY LLC	F1, 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	Gift		-600,000	-74%		212,797	12 Apr 2021	Class A Common Stock	600,000		Direct	F1, F4
transaction	SWCH	Common Units	Gift	$0	-100,000	-47%	$0.000000	112,797	17 May 2021	Class A Common Stock	100,000		Direct	F4
transaction	SWCH	Common Units	Gift		+600,000			600,000	12 Apr 2021	Class A Common Stock	600,000		BY LLC	F1, F3, F4

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

Explanation of Responses:

Id	Content
F1	Securities were transferred without consideration from Mr. Snyder to an affiliated company of Mr. Snyder for estate planning purposes.
F2	Represents restricted shares granted on June 11, 2021, subject to forfeiture and transfer restrictions until the earlier of June 11, 2022 and the date of the Company's 2022 annual stockholder meeting.
F3	Held by an affiliated company of Mr. Snyder.
F4	The Common Units are redeemable on a one-for-one basis for shares of Class A Common Stock or, at the election of the 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. Upon any redemption of Common Units, one share of Class B common stock is automatically forfeited and cancelled for each Common Unit so redeemed.