Thomas A. Thomas - Jul 1, 2022 Form 4 Insider Report for Switch, Inc. (SWCH)

Role: Director
Signature: /s/ Gabriel Nacht, as Attorney-in-Fact for Thomas A. Thomas
Stock symbol: SWCH
Transactions as of: Jul 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/6/2022, 04:37 PM
Previous filing: Jun 17, 2022
Next filing: Jul 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SWCH	Class B Common Stock	Gift	$0	-1.5M	-28%	$0.00	3.86M	Jul 1, 2022	Direct	F1
holding	SWCH	Class A Common Stock						3.08M	Jul 1, 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	Gift	$0	-1.5M	-28%	$0.00	3.86M	Jul 1, 2022	Class A Common Stock	1.5M		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Charitable gift.
F2	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.

Content

Charitable gift.

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.