Charles W. Ergen - 23 Jun 2022 Form 4 Insider Report for DISH Network CORP (DISH)

Role
CHAIRMAN, Director, 10%+ Owner
Signature
/s/ Cantey M. Ergen by Brandon Ehrhart, Attorney-in-Fact
Issuer symbol
DISH
Transactions as of
23 Jun 2022
Transactions value $
$0
Form type
4
Filing time
27 Jun 2022, 17:32:43
Previous filing
13 Jun 2022
Next filing
07 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DISH Class A Common Stock 1.09M 23 Jun 2022 Direct
holding DISH Class A Common Stock 353 23 Jun 2022 I F1
holding DISH Class A Common Stock 21.4K 23 Jun 2022 I F2
holding DISH Class A Common Stock 2.73K 23 Jun 2022 I F3
holding DISH Class A Common Stock 11K 23 Jun 2022 I F4
holding DISH Class A Common Stock 2.17M 23 Jun 2022 I F5
holding DISH Class A Common Stock 6.7M 23 Jun 2022 I F6
holding DISH Class A Common Stock 25M 23 Jun 2022 I F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DISH Class B Common Stock Gift $0 -87M -99.38% $0.00 542K 23 Jun 2022 Class A Common Stock 87M Direct F8, F9
transaction DISH Class B Common Stock Gift $0 +87M $0.00 87M 23 Jun 2022 Class A Common Stock 87M I F8, F9
holding DISH Class B Common Stock 24.3M 23 Jun 2022 Class A Common Stock 24.3M I F8, F10
holding DISH Class B Common Stock 63.8M 23 Jun 2022 Class A Common Stock 63.8M I F6, F8
holding DISH Class B Common Stock 32.5M 23 Jun 2022 Class A Common Stock 32.5M I F8, F11
holding DISH Class B Common Stock 4.86M 23 Jun 2022 Class A Common Stock 4.86M I F8, F12
holding DISH Class B Common Stock 22.8M 23 Jun 2022 Class A Common Stock 22.8M I F7, F8
holding DISH Class B Common Stock 2.65M 23 Jun 2022 Class A Common Stock 2.65M I F8, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by Mrs. Cantey M. Ergen, Mr. Ergen's spouse.
F2 Held by Mr. Charles W. Ergen in a 401(k) account.
F3 Held by Mrs. Cantey M. Ergen in a 401(k) account.
F4 The shares are owned beneficially by the reporting persons' child. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F5 The shares are held by a charitable foundation. The reporting persons are officers of the charitable foundation and share voting and dispositive power for the foundation. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F6 The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F7 The Ergen Two-Year May 2022 DISH GRAT holds 25,000,000 Class A shares and 22,800,000 Class B shares and is scheduled to expire in accordance with its terms on May 12, 2024. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F8 The holder of Class B shares may elect to convert any or all of its Class B shares into an equal number of Class A shares at any time for no additional consideration.
F9 On June 23, 2022, Charles W. Ergen established the Ergen Two-Year June 2022 DISH GRAT (the "Two-Year June 2022 DISH GRAT") and contributed 87,000,000 Class B shares to the Two-Year June 2022 DISH GRAT. The Two-Year June 2022 DISH GRAT may elect to convert any or all of its Class B shares into an equal number of Class A shares at any time for no additional consideration. The Two-Year June 2022 DISH GRAT is scheduled to expire in accordance with its terms on June 23, 2024. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F10 The Ergen Two-Year December 2020 DISH GRAT holds 24,298,841 Class B shares and is scheduled to expire in accordance with its terms on December 22, 2022. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F11 The Ergen Two-Year December 2021 DISH GRAT holds 32,500,000 Class B Shares and is scheduled to expire in accordance with its terms on December 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F12 The Ergen Two-Year March 2021 DISH GRAT holds 4,857,982 Class B shares and is scheduled to expire in accordance with its terms on March 30, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F13 The Ergen Two-Year June 2021 DISH GRAT holds 4,857,982 Class B shares and is scheduled to expire in accordance with its terms on June 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.