Hamid Akhavan - 31 Dec 2023 Form 4 Insider Report for DISH Network CORP (DISH)

Role
PRESIDENT AND CEO
Signature
/s/ Hamid Akhavan, by Timothy A. Mesnner, Attorney-in-Fact
Issuer symbol
DISH
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 19:58:31 UTC
Previous filing
27 Nov 2023
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DISH Class A Common Stock Disposed to Issuer -100,000 -100% 0 31 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hamid Akhavan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of October 2, 2023 ("Merger Agreement"), by and between the Issuer, EchoStar Corporation, a Nevada corporation ("EchoStar") and EAV Corp., a Nevada corporation and a wholly owned direct subsidiary of EchoStar ("Merger Sub"), on December 31, 2023, Merger Sub merged with and into the Issuer with the Issuer surviving the merger as a wholly owned subsidiary of EchoStar (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of Class A Common Stock, par value $0.01 per share, of the Issuer ("Issuer Class A Common Stock") held by the Reporting Person was converted into the right to receive 0.350877 shares of Class A Common Stock, par value $0.001 per share, of EchoStar ("EchoStar Class A Common Stock").