Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DISH | Class A Common Stock | Gift | $0 | -25M | -100% | $0.00* | 0 | May 12, 2023 | Direct | F1 |
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 | -22.8M | -100% | $0.00* | 0 | May 12, 2023 | Class A Common Stock | 22.8M | Direct | F1, F2 |
Ergen Two-Year May 2022 DISH GRAT is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
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. |