Erin Thomas Morton - Mar 7, 2022 Form 4 Insider Report for Switch, Inc. (SWCH)

Role
President/Chief Legal Officer
Signature
/s/ Gabriel Nacht, as Attorney-in-Fact for Erin Thomas Morton
Stock symbol
SWCH
Transactions as of
Mar 7, 2022
Transactions value $
-$290,646
Form type
4
Date filed
3/9/2022, 03:33 PM
Previous filing
Mar 4, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWCH Class A Common Stock Award $13.6K +509 +0.13% $26.80 379K Mar 7, 2022 Direct F1
transaction SWCH Class A Common Stock Tax liability -$304K -11.4K -2.99% $26.80 368K Mar 7, 2022 Direct F2
holding SWCH Class B Common Stock 528K Mar 7, 2022 Direct
holding SWCH Class B Common Stock 2.69M Mar 7, 2022 By LLC F3
holding SWCH Class A Common Stock 200K Mar 7, 2022 By LLC 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 A Common Stock delivered in settlement of dividend equivalent rights awarded in connection with restricted stock units owned by the Reporting Person (previously reported) that accrue in cash and are settled in shares, proportionately, upon the vesting of the restricted stock units.
F2 Represents shares withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
F3 Held by an affiliated company of Mr. Morton; Mr. Morton has voting and dispositive control over, and full pecuniary interests in, these shares.