| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SATS | Class A Common Stock | -Gift | $0 | -9,122,802 | -100% | $0.00 | 0 | May 13, 2024 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SATS | Class B Common Stock | -Gift | $0 | -2,261,098 | -23.01% | $0.00 | 7,563,458 | May 13, 2024 | Class A Common Stock | 2,261,098 | Direct | F1, F2 |
Ergen Two-Year May 2023 DISH GRAT is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Pursuant to the terms of the Ergen Two-Year May 2023 DISH GRAT (the "2023 May GRAT"), 9,122,802 Class A shares and 2,261,098 Class B shares were distributed as an annuity to Mr. Ergen on May 13, 2024. Following this distribution, the 2023 May GRAT beneficially owns 7,563,458 Class B shares. The 2023 May GRAT is scheduled to expire in accordance with its terms on May 12, 2025. Mrs. Cantey M. Ergen serves as the Trustee of such GRAT. |
| F2 | 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. |