Stephen J. Bye - Jan 18, 2023 Form 3 Insider Report for DISH Network CORP (DISH)

Role
Director
Signature
/s/ Stephen Bye, by Timothy Messner, Attorney-in-Fact
Stock symbol
DISH
Transactions as of
Jan 18, 2023
Transactions value $
$0
Form type
3
Date filed
1/30/2023, 03:31 PM
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DISH Class A Common Stock 1.86K Jan 18, 2023 Direct
holding DISH Class A Common Stock 476 Jan 18, 2023 I F1

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
holding DISH Employee Stock Option (Right to Buy) Jan 18, 2023 Class A Common Stock 100K $20.00 Direct F2, F3
holding DISH Employee Stock Option (Right to Buy) Jan 18, 2023 Class Common Stock 150K $20.00 Direct F3, F4
holding DISH Employee Stock Option (Right to Buy) Jan 18, 2023 Class A Common Stock 250K $35.47 Direct F3, F5
holding DISH Restricted Stock Units Jan 18, 2023 Class A Common Stock 638 $0.00 Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By 401(K).
F2 40% of the shares underlying the options vested immediately upon the grant date of July 22, 2022. The remaining 60% of the shares underlying the options will vest in three equal annual installments of 20% per year, beginning on July 1, 2023.
F3 These options were granted as part of Stephen Bye's employment as EVP, Chief Commercial Officer. As a result of his resignation of his employment, these options will terminate 30 days from his last day of employment.
F4 The shares underlying the options granted on July 22, 2022 will vest at a rate of 20% per year, beginning on July 1, 2023.
F5 The shares underlying the option granted on January 1, 2020 vested at a rate of 20% per year, beginning on January 1, 2021.
F6 The RSUs vest in three equal annual installments, commencing upon January 1, 2022.
F7 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.