Two-Year December 2021 Dish Grat Ergen - 03 Dec 2021 Form 3 Insider Report for DISH Network CORP

Role
10%+ Owner
Signature
/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year December 2021 DISH GRAT, by Brandon Ehrhart, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
03 Dec 2021
Net transactions value
$0
Form type
3
Filing time
13 Dec 2021, 17:54:04 UTC
Next filing
07 Dec 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 DISH Class B Common Stock 03 Dec 2021 Class A Common Stock 32,500,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.