John Swieringa - 01 Jan 2023 Form 4 Insider Report for DISH Network CORP

Role
EVP, PRES & COO DISH WIRELESS
Signature
/s/ John W. Swieringa, by Brandon Ehrhart, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Jan 2023
Net transactions value
-$93,001
Form type
4
Filing time
03 Jan 2023, 16:29:36 UTC
Previous filing
26 Jul 2022
Next filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DISH Class A Common Stock Options Exercise +736 +56% 2,045 01 Jan 2023 Direct F1, F2
transaction DISH Class A Common Stock Tax liability $3,594 -256 -13% $14.04 1,789 01 Jan 2023 Direct F2, F3
transaction DISH Class A Common Stock Options Exercise +20,000 +1118% 21,789 01 Jan 2023 Direct F1, F2
transaction DISH Class A Common Stock Tax liability $89,407 -6,368 -29% $14.04 15,421 01 Jan 2023 Direct F2, F4
holding DISH Class A Common Stock 1,913 01 Jan 2023 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 -736 -50% $0.000000 736 01 Jan 2023 Class A Common Stock 736 Direct F1, F6
transaction DISH Restricted Stock Units Options Exercise $0 -20,000 -20% $0.000000 80,000 01 Jan 2023 Class A Common Stock 20,000 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 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 expiring on 1/1/2024 listed in Table II.
F4 Represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units expiring on 1/1/2027 listed in Table II.
F5 By 401(K).
F6 The RSUs vest in three equal annual installments, commencing upon January 1, 2022.
F7 The shares underlying the restricted stock units vest at the rate of 20% per year, commencing on January 1, 2023.