Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DISH | Class B Common Stock | Gift | -19.9M | -33.1% | 40.1M | Jun 2, 2021 | Class A Common Stock | 19.9M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The holder of the shares of Class B stock 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 | Pursuant to the terms of the Two-Year June 2020 GRAT, 19,861,182 Class B shares were distributed as an annuity to Mr. Ergen on June 2, 2021. Following this distribution, the Two-Year June 2020 GRAT beneficially owns 40,138,818 Class B shares. The Two-Year June 2020 GRAT is scheduled to expire in accordance with its terms on June 2, 2022. |