Erin Thomas Morton - 04 Jan 2022 Form 4 Insider Report for Switch, Inc.

Role: President/Chief Legal Officer
Signature: /s/ Gabriel Nacht, as Attorney-in-Fact for Erin Thomas Morton
Issuer symbol: N/A
Transactions as of: 04 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Jan 2022, 15:36:54 UTC
Previous filing: 17 Nov 2021
Next filing: 02 Mar 2022
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		-136,378	-4.8%		2,686,149	04 Jan 2022	By LLC	F1, F2
transaction	SWCH	Class A Common Stock	Options Exercise		+136,378	+214%		200,000	04 Jan 2022	By LLC	F2, F3
holding	SWCH	Class A Common Stock						314,731	04 Jan 2022	Direct
holding	SWCH	Class B Common Stock						527,914	04 Jan 2022	Direct

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	-136,378	-4.8%	$0.000000	2,686,149	04 Jan 2022	Class A Common Stock	136,378		By LLC	F2, F3

* 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, pursuant to the Amended and Restated Articles of Incorporation (the "Articles") of the Issuer, 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"). The Class B Common Stock only confers voting rights (one vote per share) and does not confer economic rights.
F2	Held by an affiliated company of Mr. Morton; Mr. Morton has voting and dispositive control over, and full pecuniary interests in, these shares.
F3	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 pursuant to the Articles of the Issuer and the Fifth Amended and Restated Operating Agreement of the LLC. The Common Units have no expiration date.