R. Stanton Dodge - 31 Dec 2023 Form 4 Insider Report for EchoStar CORP (SATS)

Role
Director
Signature
/s/ R. Stanton Dodge, by Dean A. Manson, his attorney in-fact
Issuer symbol
SATS
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 18:53:24 UTC
Previous filing
27 Dec 2023
Next filing
24 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Award +1,210 +6% 21,365 31 Dec 2023 Direct F1
transaction SATS Class A Common Stock Award +25,753 428 31 Dec 2023 By 401 (k) F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for shares of Class A Common Stock, par value $.01 par value per share (DISH Class A Common Stock"), of DISH Network Corporation, a Nevada corporation ("DISH") in connection of the Amended and Restated Agreement and Plan of Merger, dated as of October 2, 2023 ("Merger Agreement"), by and between the Issuer, DISH and EAV Corp., a Nevada corporation and a wholly owned direct subsidiary of the Issuer ("Merger Sub"). Pursuant to the Merger Agreement, on December 31, 2023, Merger Sub merged with and into DISH with DISH surviving the merger as a wholly owned subsidiary of the Issuer (the "Merger"). At the effective time of the Merger (the "Effective Time"), each outstanding share of DISH Class A Common Stock was converted into the right to receive a number of Issuer Class A Common Stock equal to 0.350877 (the "Exchange Ratio").