Two-Year May 2023 Dish Grat Ergen - 12 May 2023 Form 3 Insider Report for DISH Network CORP

Role
10%+ Owner
Signature
/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year May 2023 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
3
Filing time
18 May 2023, 17:01:25 UTC
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DISH Class A Common Stock 26,000,000 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
holding DISH Class B Common Stock 12 May 2023 Class A Common Stock 28,000,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2023, Charles W. Ergen established the Ergen Two-Year May 2023 DISH GRAT and contributed 26,000,000 Class A shares and 28,000,000 Class B shares, resulting in the transfer of a total of 26,000,000 Class A shares and 28,000,000 Class B shares to such GRAT. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F2 The holder of the shares of Class B stock 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.