Troesh Family Foundation - 05 Nov 2020 Form 4 Insider Report for Switch, Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
17 May 2021, 15:35:57 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Roger Lautzenhiser POA the Troesh Family Foundation

Key filing fact

Troesh Family Foundation filed Form 4 for Switch, Inc. on 17 May 2021.

Key facts

  • This page summarizes Troesh Family Foundation's Form 4 filing for Switch, Inc..
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 May 2021, 15:35.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$3,621,853.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
-201,204
Change %
-100%
Price
Shares after
0
Date
05 Nov 2020
Ownership
By Eastern Capital Group LLC
Footnotes
F1
SWCH transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+201,204
Change %
Price
Shares after
201,204
Date
05 Nov 2020
Ownership
By Eastern Capital Group LLC
Footnotes
F2
SWCH transaction

Class A Common Stock

Sale

Transaction value
$3,621,853
Shares
-201,204
Change %
-100%
Price
$18.00
Shares after
0
Date
13 May 2021
Ownership
By Eastern Capital Group LLC
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SWCH transaction Derivative

Common Units

Options Exercise

Transaction value
$0
Shares
-201,204
Change %
-100%
Price
$0.000000*
Shares after
0
Date
05 Nov 2020
Ownership
By Eastern Capital Group LLC
Underlying class
Class A Common Stock
Underlying amount
201,204
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of Class B Common Stock of the Issuer indirectly owned by the Reporting Person that were 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").

Footnote F2

The Reporting Person's subsidiary, Eastern Capital Group LLC, 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. The Common Units have no expiration date.

Footnote F3

The price reported in column 4 is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions pursuant to a pooled sales transaction at prices ranging from $18.00 to $18.42, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the range set forth in this footnote (3) to this Form 4.

SEC remarks

Exhibit 24 - Power of Attorney

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