James Defranco - Jan 1, 2022 Form 4 Insider Report for DISH Network CORP (DISH)

Role
Director
Signature
/s/ James DeFranco by Brandon Ehrhart, Attorney-in-Fact
Stock symbol
DISH
Transactions as of
Jan 1, 2022
Transactions value $
-$1,784
Form type
4
Date filed
1/4/2022, 01:11 PM
Previous filing
Nov 15, 2021
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DISH Class A Common Stock Options Exercise +158 +0.01% 1.26M Jan 1, 2022 Direct F1
transaction DISH Class A Common Stock Tax liability -$1.78K -55 0% $32.44 1.26M Jan 1, 2022 Direct F6
holding DISH Class A Common Stock 2.32M Jan 1, 2022 I F2
holding DISH Class A Common Stock 1.32M Jan 1, 2022 I F3
holding DISH Class A Common Stock 55.2K Jan 1, 2022 I F4
holding DISH Class A Common Stock 21.2K Jan 1, 2022 I
holding DISH Class A Common Stock 350K Jan 1, 2022 I F5

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 DISH Restricted Stock Units Options Exercise $0 -158 -33.47% $0.00 314 Jan 1, 2022 Class A Common Stock 158 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer, which will be issued to the Reporting Person immediately upon vesting.
F2 The shares are held by the reporting person as a general partner of a limited partnership.
F3 The shares are held by the reporting person as a general partner of a different limited partnership.
F4 The shares are held by the reporting person in an irrevocable trust for the benefit of the reporting person's children and grandchildren. The reporting person disclaims beneficial ownership of the shares.
F5 The shares are held by the reporting person as the manager of a limited liability corporation. The reporting person has sole voting and dispositive power over the shares. The reporting person disclaims beneficial ownership of the shares.
F6 Represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units listed in Table II.
F7 The RSUs vest in three equal annual installments, commencing upon January 1, 2022.