Key facts
- This page summarizes Thomas A. Thomas's Form 4 filing for Switch, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 Dec 2022, 15:12.
Thomas A. Thomas - 06 Dec 2022 Form 4 Insider Report for Switch, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 06 Dec 2022
- Net transaction value
- -$230,908,705
- SEC form
- 4
- Accepted by SEC
- 08 Dec 2022, 15:12:41 UTC
- Prior SEC filing
- 17 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Gabriel Nacht, as Attorney-in-Fact for Thomas A. Thomas
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Thomas A. Thomas filed Form 4 for Switch, Inc. on 08 Dec 2022.
Change
- Previous filing in this sequence was filed on 17 Nov 2022.
- Current net transaction value: -$230,908,705.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SWCH
transaction
Class B Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -3,857,500
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Dec 2022
- Ownership
- Direct
- Footnotes
- F1
SWCH
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $98,789,330
- Shares
- -2,884,360
- Change %
- -100%
- Price
- $34.25
- Shares after
- 0
- Date
- 06 Dec 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SWCH
transaction
Derivative
Common Units
Disposed to Issuer
- Transaction value
- $132,119,375
- Shares
- -3,857,500
- Change %
- -100%
- Price
- $34.25
- Shares after
- 0
- Date
- 06 Dec 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,857,500
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Thomas A. Thomas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
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.
Footnote F2
Represents the cancellation of securities 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.