X0206 3 2017-10-05 0 0001710583 Switch, Inc. SWCH 0001718987 BORDEN MICHAEL DAVID 4136 VILLA RAFAEL DRIVE LAS VEGAS NV 89141 0 0 1 0 0001718986 BORDEN LP 4136 VILLA RAFAEL DRIVE LAS VEGAS NV 89141 0 0 1 0 CLASS B COMMON STOCK 4768743 D CLASS B COMMON STOCK 6000000 I BY BORDEN LP CLASS B COMMON STOCK 825000 I BY MICHAEL D. BORDEN'S SPOUSE COMMON UNITS CLASS A COMMON STOCK 4768743 D COMMON UNITS CLASS A COMMON STOCK 6000000 I BY BORDEN LP COMMON UNITS CLASS A COMMON STOCK 825000 I BY MICHAEL D. BORDEN'S SPOUSE STOCK OPTION (RIGHT TO BUY) 17 2017-10-05 2027-10-05 CLASS A COMMON STOCK 117519 I BY MICHAEL D. BORDEN'S SPOUSE Acquired pursuant to a Subscription Agreement with the Issuer in connection with the recapitalization of Switch Ltd., the Issuer's corporate restructuring and the Issuer's initial public offering (the "IPO"). One share of the Issuer's Class B common stock was issued for each Common Unit held by the reporting person. Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the shares of Class B common stock (i) confer only voting rights (one vote per share) and do not confer any incidents of economic ownership to the holders thereof; and (ii) are forfeited and cancelled, on a one-for-one basis, without consideration, upon the redemption of Common Units for shares of Class A common stock, or cash, at the Issuer's election. See Footnote 3. Represents common membership interests in Switch, Ltd. ("Common Units"), which are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Issuer, cash equal to a volume weighted average market price of a share of Class A common stock. The Common Units were acquired pursuant to a reclassification (exempt under Section 16b-7) and reorganization of the Issuer in connection with the Issuer's IPO. One share of the Issuer's Class B common stock was issued for each Common Unit held by the reporting person. See Footnote 1. The Common Units are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Issuer, cash equal to a volume weighted average market price of a share of Class A common stock. The Common Units have no expiration date. Upon any redemption of Common Units, one share of Class B common stock is automatically forfeited and cancelled for each Common Unit so redeemed. This Form 3 shall not be deemed an admission that Michael D. Borden is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any securities held solely by Michael D. Borden's spouse. In connection with the Issuer's IPO, the board of directors of the Issuer approved a grant to Michael D. Borden's spouse, in her capacity as an officer of the Issuer, of a stock option to acquire 117,519 shares of the Issuer's Class A common stock. /S/ MICHAEL D. BORDEN 2017-10-05 /S/ MICHAEL D. BORDEN, AS OPERATING MANAGER ON BEHALF OF BORDEN GENERAL PARTNER LLC, THE GENERAL PARTNER OF BORDEN LP, ON BEHALF OF BORDEN LP 2017-10-05