Sec Form 4 Filing - SNYDER DONALD D @ Switch, Inc. - 2018-11-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SNYDER DONALD D
2. Issuer Name and Ticker or Trading Symbol
Switch, Inc. [ SWCH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
11/19/2018
(Street)
LAS VEGAS, NV89118
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 11/19/2018 J 450,000 ( 1 ) D 809,470 D
Class A Common Stock 11/19/2018 C 450,000 ( 2 ) A 465,291 D
Class B Common Stock 332,700 I By Family Limited Partnership ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Units ( 2 ) 11/19/2018 C( 2 ) 450,000 ( 2 ) ( 2 ) Class A Common Stock 450,000 $ 0 809,470 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SNYDER DONALD D
C/O SWITCH, INC.
7135 SOUTH DECATUR BOULEVARD
LAS VEGAS, NV89118
X
Signatures
/s/ Gabriel Nacht, as Attorney-in-Fact for Donald D. Snyder 11/20/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of Class B common stock owned by the reporting person that were, pursuant to the Amended and Restated Articles of Incorporation (the "Articles") of Switch, Inc. (the "Issuer"), cancelled for no consideration upon redemption of an equal number of common membership units (the "Common Units") of Switch, Ltd. (the "LLC").
( 2 )The reporting person redeemed Common Units of the LLC, of which the Issuer is the sole manager. Pursuant to the Articles of the Issuer and the Fifth Amended and Restated Operating Agreement of the LLC, Common Units are redeemable for an equal number of shares of the Issuer's Class A Common Stock or, at the election of the Issuer, cash per Common Unit equal to the five-day volume-weighted average market price of a share of Class A Common Stock. The Issuer elected to redeem the reporting person's Common Units with Class A Common Stock.
( 3 )Held by The Donald and Dorothy R. Snyder 2005 Family Limited Partnership, as to which Mr. Snyder is the general partner.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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