Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | DISH | Class B Common Stock | Dec 3, 2021 | Class A Common Stock | 32.5M | Direct | F1, F2 |
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 December 3, 2021, Charles W. Ergen established the Ergen Two-Year December 2021 DISH GRAT and contributed 32,500,000 Class B shares, resulting in the transfer of a total of 32,500,000 Class B shares. Mrs. Cantey M. Ergen serves as the trustee of such GRAT. |