Stephen J. Bye - Jan 18, 2023 Form 3 Insider Report for DISH Network CORP (DISH)

Role: Director
Signature: /s/ Stephen Bye, by Timothy Messner, Attorney-in-Fact
Stock symbol: DISH
Transactions as of: Jan 18, 2023
Transactions value $: $0
Form type: 3
Date filed: 1/30/2023, 03:31 PM
Next filing: Apr 4, 2023
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						1.86K	Jan 18, 2023	Direct
holding	DISH	Class A Common Stock						476	Jan 18, 2023	I	F1

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
holding	DISH	Employee Stock Option (Right to Buy)							Jan 18, 2023	Class A Common Stock	100K	$20.00	Direct	F2, F3
holding	DISH	Employee Stock Option (Right to Buy)							Jan 18, 2023	Class Common Stock	150K	$20.00	Direct	F3, F4
holding	DISH	Employee Stock Option (Right to Buy)							Jan 18, 2023	Class A Common Stock	250K	$35.47	Direct	F3, F5
holding	DISH	Restricted Stock Units							Jan 18, 2023	Class A Common Stock	638	$0.00	Direct	F3, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	By 401(K).
F2	40% of the shares underlying the options vested immediately upon the grant date of July 22, 2022. The remaining 60% of the shares underlying the options will vest in three equal annual installments of 20% per year, beginning on July 1, 2023.
F3	These options were granted as part of Stephen Bye's employment as EVP, Chief Commercial Officer. As a result of his resignation of his employment, these options will terminate 30 days from his last day of employment.
F4	The shares underlying the options granted on July 22, 2022 will vest at a rate of 20% per year, beginning on July 1, 2023.
F5	The shares underlying the option granted on January 1, 2020 vested at a rate of 20% per year, beginning on January 1, 2021.
F6	The RSUs vest in three equal annual installments, commencing upon January 1, 2022.
F7	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer, which will be issued to the Reporting Person immediately upon vesting.