Key facts
- This page summarizes DT GRAT CS, LLC's Form 4 filing for Switch, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 07 Dec 2022, 16:08.
DT GRAT CS, LLC - 06 Dec 2022 Form 4 Insider Report for Switch, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 06 Dec 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 07 Dec 2022, 16:08:22 UTC
- Prior SEC filing
- 17 May 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ DT GRAT CS. LLC, by Roger Lautzenhiser POA
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
DT GRAT CS, LLC filed Form 4 for Switch, Inc. on 07 Dec 2022.
Change
- Previous filing in this sequence was filed on 17 May 2021.
- Current net transaction value: $0.
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
Other
- Transaction value
- Shares
- -9,987,880
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Dec 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On December 6, 2022, the issuer completed its business combination with Sunshine Bidco Inc., a Delaware corporation ("Parent"), pursuant to which Sunshine Parent Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent ("Parent Merger Sub"), merged with and into the issuer with the issuer remaining as the surviving entity (the "Merger"), and immediately following the Merger, Sunshine Merger Sub, Ltd., a Nevada limited liability company and a direct wholly owned subsidiary of the issuer ("Company Merger Sub"), merged with and into Switch, Ltd., a Nevada limited liability company and a subsidiary of the issuer ("Company Ltd.") (the "LLC Merger" and, together with the Merger, the "Mergers") with Company Ltd. remaining as the surviving entity. The Mergers were effected pursuant to an Agreement and Plan of Merger, dated as of May 11, 2022, by and among the issuer, Parent, Company Ltd., Company Merger Sub, and Parent Merger Sub (the "Merger Agreement").
Footnote F2
In connection with the Mergers, each share of Class B common stock, par value $0.001 per share, of the issuer owned by the reporting person was cancelled and converted into the right to receive $34.25 per share in cash, without interest, subject to the terms and conditions of the Merger Agreement.
SEC remarks
The foregoing description in Footnote (2) is qualified in its entirety by reference to the terms of the Merger Agreement. In the event of any conflict between the description above and the terms set forth in the Merger Agreement, the terms set forth in the Merger Agreement shall control.