Two-Year May 2022 Dish Grat Ergen - 12 May 2023 Form 4 Insider Report for DISH Network CORP

Role: 10%+ Owner
Signature: /s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year May 2022 DISH GRAT, by Timothy A. Messner, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 12 May 2023
Net transactions value: $0
Form type: 4
Filing time: 16 May 2023, 17:32:17 UTC
Previous filing: 20 May 2022
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	Gift	$0	-25,000,000	-100%	$0.000000^*	0	12 May 2023	Direct	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
transaction	DISH	Class B Common Stock	Gift	$0	-22,800,000	-100%	$0.000000^*	0	12 May 2023	Class A Common Stock	22,800,000		Direct	F1, F2

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

Two-Year May 2022 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	Pursuant to the terms of the Two-Year May 2022 DISH GRAT, all 25,000,000 Class A shares and 22,800,000 Class B shares held by the Two-Year May 2022 GRAT were distributed as an annuity to Mr. Ergen on May 12, 2023. Following this distribution, the Two-Year May 2022 GRAT expired in accordance with its terms.
F2	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.