Hamid Akhavan - Apr 1, 2022 Form 4 Insider Report for EchoStar CORP (SATS)

Role
CEO and President
Signature
/s/ by Stephanie D. Marks, his Attorney-In-Fact
Stock symbol
SATS
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 04:29 PM
Previous filing
Apr 1, 2022
Next filing
Jul 21, 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
transaction SATS Employee Stock Option (Right to Buy) Award $0 +700K $0.00 700K Apr 1, 2022 Class A Common Stock 700K $25.21 Direct F1
transaction SATS Restricted Stock Unit Award $0 +300K $0.00 300K Apr 1, 2022 Class A Common Stock 300K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying the option vest over 3 years in substantially equal annual installments, commencing April 1, 2023.
F2 Each restricted stock unit represents the right to receive one share of Class A Common Stock.
F3 The shares underlying the restricted stock units vest over 3 years in equal annual installments, commencing April 1, 2023. Vested shares will be issued to the reporting person immediately upon vesting.