Hamid Akhavan - Dec 31, 2024 Form 4 Insider Report for EchoStar CORP (SATS)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Hamid Akhavan, by Dean A. Mason, Attorney-in-Fact
Stock symbol
SATS
Transactions as of
Dec 31, 2024
Transactions value $
-$2,612,363
Form type
4
Date filed
1/3/2025, 07:00 PM
Previous filing
Apr 3, 2024
Next filing
Jan 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Options Exercise +263K +115.56% 491K Dec 31, 2024 Direct F1
transaction SATS Class A Common Stock Tax liability -$2.61M -114K -23.24% $22.90 377K Dec 31, 2024 Direct F2
holding SATS Class A Common Stock 240 Dec 31, 2024 I F3

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 SATS Restricted Stock Units Options Exercise $0 -263K -100% $0.00 0 Dec 31, 2024 Class A Common Stock 263K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units listed in Table II.
F3 By 401(K).
F4 The RSUs vest on December 31, 2024.