Two-Year June 2021 Dish Grat Ergen - 03 Jun 2021 Form 3 Insider Report for DISH Network CORP

Role
10%+ Owner
Signature
/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year June 2021 DISH GRAT, by Brandon Ehrhart her Attorney in Fact
Issuer symbol
N/A
Transactions as of
03 Jun 2021
Net transactions value
$0
Form type
3
Filing time
16 Jun 2021, 18:42:04 UTC
Next filing
07 Jun 2022
SEC
View on sec.gov

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 Class B Common Stock 03 Jun 2021 Class A Common Stock 50,000,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Grantor Retained Annuity Trust ("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.
F2 On June 3, 2021, Charles W. Ergen established the Ergen Two-Year June 2021 DISH GRAT and contributed 50,000,000 Class B shares, resulting in the transfer of a total of 50,000,000 Class B shares. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.

Remarks:

The transaction that created this Form 3 was previously disclosed on a Schedule 13D/A filed by Charles W. Ergen on June 4, 2021 and then disclosed again on a Form 4 filed by Charles W. Ergen and Cantey M. Ergen on June 7, 2021. The Ergen Two-Year June 2021 DISH GRAT (this reporting person) filed for CIK codes on June 8, 2021 to permit the filing of this Form 3 but did not receive CIK codes until June 16, 2021. As a result, June 16, 2021 was the first day that this Form 3 could be filed.