Donald D. Snyder - 01 Feb 2022 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: 01 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Feb 2022, 15:33:44 UTC
Previous filing: 01 Nov 2021
Next filing: 10 Feb 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		-200,000	-33%		400,000	01 Feb 2022	BY LLC	F1, F2
transaction	SWCH	Class A Common Stock	Options Exercise		+200,000			200,000	01 Feb 2022	BY LLC	F2, F3
holding	SWCH	Class A Common Stock						265,075	01 Feb 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	-200,000	-33%	$0.000000	400,000	01 Feb 2022	Class A Common Stock	200,000		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. Snyder.
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.