Charles W. Ergen - 30 Mar 2022 Form 4 Insider Report for DISH Network CORP

Role: CHAIRMAN, Director, 10%+ Owner
Signature: /s/ Charles W. Ergen by Brandon Ehrhart, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 30 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Apr 2022, 17:12:58 UTC
Previous filing: 22 Mar 2022
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DISH	Class A Common Stock						26,085,443	30 Mar 2022	Direct
holding	DISH	Class A Common Stock						353	30 Mar 2022	I	F1
holding	DISH	Class A Common Stock						21,324	30 Mar 2022	I	F2
holding	DISH	Class A Common Stock						2,658	30 Mar 2022	I	F3
holding	DISH	Class A Common Stock						10,957	30 Mar 2022	I	F4
holding	DISH	Class A Common Stock						2,168,975	30 Mar 2022	I	F5
holding	DISH	Class A Common Stock						6,699,489	30 Mar 2022	I	F6

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	Class B Common Stock	Gift	$0	-5,142,018	-51%	$0.000000	4,857,982	30 Mar 2022	Class A Common Stock	5,142,018		I	F7, F8
transaction	DISH	Class B Common Stock	Gift	$0	+5,142,018	+29%	$0.000000	22,848,947	30 Mar 2022	Class A Common Stock	5,142,018		Direct	F7, F8
holding	DISH	Class B Common Stock						24,298,841	30 Mar 2022	Class A Common Stock	24,298,841		I	F7, F9
holding	DISH	Class B Common Stock						40,138,818	30 Mar 2022	Class A Common Stock	40,138,818		I	F7, F10
holding	DISH	Class B Common Stock						63,790,620	30 Mar 2022	Class A Common Stock	63,790,620		I	F6, F7
holding	DISH	Class B Common Stock						32,500,000	30 Mar 2022	Class A Common Stock	32,500,000		I	F7, F11
holding	DISH	Class B Common Stock						50,000,000	30 Mar 2022	Class A Common Stock	50,000,000		I	F7, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Held by Mrs. Cantey M. Ergen, Mr. Ergen's spouse.
F2	Held by Mr. Charles W. Ergen in a 401(k) account.
F3	Held by Mrs. Cantey M. Ergen in a 401(k) account.
F4	The shares are owned beneficially by the reporting persons' child. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F5	The shares are held by a charitable foundation. The reporting persons are officers of the charitable foundation and share voting and dispositive power for the foundation. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F6	The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F7	The holder of Class B shares 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.
F8	Pursuant to the terms of the Ergen Two-Year March 2021 DISH GRAT, 5,142,018 Class B shares were distributed as an annuity to Mr. Ergen on March 30, 2022. Following this distribution, the Ergen Two-Year March 2021 DISH GRAT holds 4,857,982 Class B Shares and is scheduled to expire in accordance with its terms on March 30, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F9	The Ergen Two-Year December 2020 DISH GRAT holds 24,298,841 Class B shares and is scheduled to expire in accordance with its terms on December 22, 2022. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F10	The Ergen Two-Year June 2020 DISH GRAT holds 40,138,818 Class B shares and is scheduled to expire in accordance with its terms on June 2, 2022. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F11	The Ergen Two-Year December 2021 DISH GRAT holds 32,500,000 Class B Shares and is scheduled to expire in accordance with its terms on December 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F12	The Ergen Two-Year June 2021 DISH GRAT holds 50,000,000 Class B Shares and is scheduled to expire in accordance with its terms on June 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.