Two-Year June 2021 Dish Grat Ergen - 03 Jun 2022 Form 4 Insider Report for DISH Network CORP

Role
10%+ Owner
Signature
/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year June 2021 DISH GRAT, by Brandon Ehrhart, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
03 Jun 2022
Net transactions value
$0
Form type
4
Filing time
07 Jun 2022, 19:12:55 UTC
Previous filing
16 Jun 2021
SEC
View on sec.gov

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 -47,354,043 -95% $0.000000 2,645,957 03 Jun 2022 Class A Common Stock 47,354,043 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Two-Year June 2021 Dish Grat Ergen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The holder of the 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.
F2 Pursuant to the terms of the Ergen Two-Year June 2021 DISH GRAT, 47,354,043 Class B shares were distributed as an annuity to Mr. Ergen on June 3, 2022. Following this distribution, the Ergen Two-Year June 2021 DISH GRAT holds 2,645,957 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.