MORTON ERIN THOMAS (President and General Counsel) exercised options at SWITCH, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

MORTON ERIN THOMAS

Filed: 12/8/2022ACC: 0001593968-22-001699

InsiderMORTON ERIN THOMASCIK 1718318

→

IssuerSWITCH, INC.CIK 1710583

Officer10% Owner· President and General Counsel

Since Dec 2018

-9.59M

Net shares

Net seller

$23.60M

Total sold

Open market trades

0B · 0S

Total transactions

128.28K acquired · 9.72M disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+128.28K

Price / share

—

Trade value

—

% of position

35.5%

12/6/2022

360.92K→489.19K

Class A Common Stock

Direct

D · Disposition

−489.19K

Price / share

$34.25

Trade value

$16.75M

% of position

New position

12/6/2022

489.19K→0.00

Class B Common Stock

Direct

D · Disposition

−294.35K

Price / share

—

Trade value

—

% of position

55.8%

12/6/2022

527.91K→233.56K

Class B Common Stock

Direct

D · Disposition

−233.56K

Price / share

—

Trade value

—

% of position

New position

12/6/2022

233.56K→0.00

Class B Common Stock

Indirect

D · Disposition

−2.69M

Price / share

—

Trade value

—

% of position

New position

12/6/2022

2.69M→0.00

Class A Common Stock

Indirect

D · Disposition

−200K

Price / share

$34.25

Trade value

$6.85M

% of position

New position

12/6/2022

200K→0.00

Total

Net shares

−3.77M

Net value

-$23.60M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	12/6/2022	M · Option Exercise	+128.28K	—	—	35.5%	360.92K	489.19K
Class A Common Stock Direct	12/6/2022	D · Disposition	−489.19K	$34.25	$16.75M	New position	489.19K	0.00
Class B Common Stock Direct	12/6/2022	D · Disposition	−294.35K	—	—	55.8%	527.91K	233.56K
Class B Common Stock Direct	12/6/2022	D · Disposition	−233.56K	—	—	New position	233.56K	0.00
Class B Common Stock Indirect	12/6/2022	D · Disposition	−2.69M	—	—	New position	2.69M	0.00
Class A Common Stock Indirect	12/6/2022	D · Disposition	−200K	$34.25	$6.85M	New position	200K	0.00
Total			−3.77M		-$23.60M

Derivative Transactions9

Option (Right to Buy)

Direct

D · Disposition

Converts to

Class A Common Stock

1.45M shares

−1.45M

Strike price

Held after

0.00

Exercisable

—

12/6/2022

Common Units

Direct

D · Disposition

Converts to

Class A Common Stock

294.35K shares

−294.35K

Strike price

Held after

233.56K

Exercisable

—

12/6/2022

Common Units

Direct

D · Disposition

Converts to

Class A Common Stock

233.56K shares

−233.56K

Strike price

Held after

0.00

Exercisable

—

12/6/2022

Option (Right to Buy)

Direct

D · Disposition

Converts to

Class A Common Stock

429.28K shares

−429.28K

Strike price

6.97

Held after

0.00

Exercisable

—

12/6/2022

Option (Right to Buy)

Direct

D · Disposition

Converts to

Class A Common Stock

250.53K shares

−250.53K

Strike price

10.66

Held after

0.00

Exercisable

—

12/6/2022

Option (Right to Buy)

Direct

D · Disposition

Converts to

Class A Common Stock

330.69K shares

−330.69K

Strike price

14.95

Held after

0.00

Exercisable

—

12/6/2022

Performance-Based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

93.34K shares

−76.80K

Strike price

Held after

0.00

Exercisable

—

12/6/2022

Performance-Based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

34.94K shares

−62.99K

Strike price

Held after

0.00

Exercisable

—

12/6/2022

Common Units

Indirect

D · Disposition

Converts to

Class A Common Stock

2.69M shares

−2.69M

Strike price

Held after

0.00

Exercisable

—

12/6/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option (Right to Buy) Direct	Class A Common Stock1.45M shares	12/6/2022	D · Disposition	−1.45M	17	—	0.00
Common Units Direct	Class A Common Stock294.35K shares	12/6/2022	D · Disposition	−294.35K		—	233.56K
Common Units Direct	Class A Common Stock233.56K shares	12/6/2022	D · Disposition	−233.56K		—	0.00
Option (Right to Buy) Direct	Class A Common Stock429.28K shares	12/6/2022	D · Disposition	−429.28K	6.97	—	0.00
Option (Right to Buy) Direct	Class A Common Stock250.53K shares	12/6/2022	D · Disposition	−250.53K	10.66	—	0.00
Option (Right to Buy) Direct	Class A Common Stock330.69K shares	12/6/2022	D · Disposition	−330.69K	14.95	—	0.00
Performance-Based Restricted Stock Units Direct	Class A Common Stock93.34K shares	12/6/2022	M · Option Exercise	−76.80K		—	0.00
Performance-Based Restricted Stock Units Direct	Class A Common Stock34.94K shares	12/6/2022	M · Option Exercise	−62.99K		—	0.00
Common Units Indirect	Class A Common Stock2.69M shares	12/6/2022	D · Disposition	−2.69M		—	0.00