Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWCH | Class A Common Stock | Disposed to Issuer | -$9.28M | -271K | -100% | $34.25 | 0 | Dec 6, 2022 | Direct | F1 |
transaction | SWCH | Class B Common Stock | Disposed to Issuer | -400K | -100% | 0 | Dec 6, 2022 | BY LLC | F2, F3 | ||
transaction | SWCH | Class A Common Stock | Disposed to Issuer | -$6.85M | -200K | -100% | $34.25 | 0 | Dec 6, 2022 | BY LLC | F1, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWCH | Option (Right to Buy) | Disposed to Issuer | -$3.41M | -99.4K | -100% | $34.25 | 0 | Dec 6, 2022 | Class A Common Stock | 99.4K | $17.00 | Direct | F1 |
transaction | SWCH | Common Units | Disposed to Issuer | -$13.7M | -400K | -100% | $34.25 | 0 | Dec 6, 2022 | Class A Common Stock | 400K | BY LLC | F2, F3 |
Donald D. Snyder is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Represents the cancellation of securities, including equity awards, in exchange for the per share cash Merger consideration of $34.25, on the Merger closing date, in accordance with the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated May 11, 2022, by and among Switch, Inc. (the "Company"), Switch, Ltd., a Nevada limited liability company, Sunshine Merger Sub, Ltd., a Nevada limited liability company and a direct and wholly owned subsidiary of the Company, Sunshine Bidco Inc., a Delaware corporation ("Parent"), and Sunshine Parent Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent. |
F2 | Represents the cancellation of the Common Units in exchange for the per share cash Merger consideration of $34.25, and the associated cancellation for no consideration of the shares of Class B common stock, on the Merger closing date in accordance with the terms of the Merger Agreement. The Common Units have no expiration date. |
F3 | Held by an affiliated company of Mr. Snyder. |