Ergen Two-Year June 2021 SATS GRAT - Jun 9, 2021 Form 3 Insider Report for EchoStar CORP (SATS)

Role
10%+ Owner
Signature
/s/ Cantey M. Ergen, Trustee of the Ergen Two-Year June 2021 SATS GRAT, by Stephanie D. Marks, her Attorney-in-Fact
Stock symbol
SATS
Transactions as of
Jun 9, 2021
Transactions value $
$0
Form type
3
Date filed
6/17/2021, 04:40 PM
Next filing
Jun 13, 2022

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 SATS Class B Common Stock Jun 9, 2021 Class A Common Stock 9M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person 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 9, 2021, Mr. Charles W. Ergen established the Ergen Two-Year June 2021 SATS GRAT (the "2021 June GRAT") and contributed a total of 9,000,000 Class B shares to such trust. The 2021 June GRAT is scheduled to expire in accordance with its terms on June 9, 2023. Mrs. Cantey M. Ergen serves as the trustee of the 2021 June GRAT.