SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
POLLOCK GEORGE JR

(Last) (First) (Middle)
1715 NORTH WESTSHORE BOULEVARD
SUITE 650

(Street)
TAMPA FL 33607

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Switch & Data Facilities Company, Inc. [ SDXC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO & Sr Vice President
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock 05/01/2009 J(1) 100,000 D $0(2) 166,822 D
Common Stock 600 I Custodian for minor child
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Prepaid Variable Forward Contract (right to sell) $0 05/01/2009 J(1) 1 05/01/2009 05/01/2009 Common Stock 100,000 $0(3) 0 D
Explanation of Responses:
1. On May 2, 2008, the reporting person priced a prepaid variable forward sale contract with an unaffiliated third party buyer. Under the contract, the reporting person had to deliver to the buyer, on May 1, 2009 (the "Settlement Date"), up to 100,000 shares of Switch & Data Facilities Company, Inc. ("SDXC") common stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of SDXC common stock). Under the contract, the floor price was $14.95 and the threshold price was $21.98, and the actual number of shares to be delivered under the contract depended upon the market price of the SDXC common stock on the Settlement Date and a formula calculated based on the floor price and the threshold price. On the Settlement Date, under the terms of the prepaid variable forward sale contract, the reporting person delivered all of the 100,000 shares that were subject to the contract.
2. The derivative security is a prepaid variable forward sale contract as referenced in footnote (1), $0 has been inserted to satisfy the requirements to submit this form via the EDGAR system.
3. $0 has been inserted to satisfy the requirements to submit this form via the EDGAR system.
Clayton Mynard, attorney-in-fact for George Pollock 05/05/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.