W. Erik Carlson - Jan 1, 2022 Form 4 Insider Report for DISH Network CORP (DISH)

Role
PRESIDENT & CEO, Director
Signature
/s/ W. Erik Carlson by Brandon Ehrhart, Attorney-in-Fact
Stock symbol
DISH
Transactions as of
Jan 1, 2022
Transactions value $
-$13,106
Form type
4
Date filed
1/4/2022, 04:26 PM
Previous filing
Jul 6, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DISH Class A Common Stock Options Exercise +1.18K +5.9% 21.2K Jan 1, 2022 Direct F1, F2
transaction DISH Class A Common Stock Tax liability -$13.1K -404 -1.91% $32.44 20.8K Jan 1, 2022 Direct F2, F3
holding DISH Class A Common Stock 2.03K Jan 1, 2022 By 401(k)

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 Award $0 +100K $0.00 100K Jan 1, 2022 Class A Common Stock 100K Direct F1, F4
transaction DISH Restricted Stock Units Options Exercise $0 -1.18K -33.35% $0.00 2.36K Jan 1, 2022 Class A Common Stock 1.18K Direct F1, F5
* 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 Includes shares acquired under the Company's Employee Stock Purchase Plan.
F3 Represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units listed in Table II.
F4 The shares underlying the restricted stock units vest at the rate of 20% per year, commencing on January 1, 2023.
F5 The RSUs vest in three equal annual installments, commencing upon January 1, 2022.