Charles W. Ergen - 05 Jun 2023 Form 4 Insider Report for DISH Network CORP

Role: CHAIRMAN, Director, 10%+ Owner
Signature: /s/ Charles W. Ergen by Timothy A. Messner, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 05 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 07 Jun 2023, 17:05:54 UTC
Previous filing: 16 May 2023
Next filing: 13 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DISH	Class A Common Stock						85,512	05 Jun 2023	Direct
holding	DISH	Class A Common Stock						2,817	05 Jun 2023	I	F1
holding	DISH	Class A Common Stock						10,957	05 Jun 2023	I	F2
holding	DISH	Class A Common Stock						2,168,975	05 Jun 2023	I	F3
holding	DISH	Class A Common Stock						6,699,489	05 Jun 2023	I	F4
holding	DISH	Class A Common Stock						383	05 Jun 2023	I	F5
holding	DISH	Class A Common Stock						21,589	05 Jun 2023	I	F6
holding	DISH	Class A Common Stock						26,000,000	05 Jun 2023	I	F7

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	-2,645,957	-100%	$0.000000^*	0	05 Jun 2023	Class A Common Stock	2,645,957		I	F8, F9
transaction	DISH	Class B Common Stock	Gift	$0	+2,645,957	+17313%	$0.000000	2,661,240	05 Jun 2023	Class A Common Stock	2,645,957		Direct	F8, F9
holding	DISH	Class B Common Stock						28,000,000	05 Jun 2023	Class A Common Stock	28,000,000		I	F7, F8
holding	DISH	Class B Common Stock						87,000,000	05 Jun 2023	Class A Common Stock	87,000,000		I	F8, F10
holding	DISH	Class B Common Stock						1,983,348	05 Jun 2023	Class A Common Stock	1,983,348		I	F8, F11
holding	DISH	Class B Common Stock						63,790,620	05 Jun 2023	Class A Common Stock	63,790,620		I	F4, F8
holding	DISH	Class B Common Stock						55,000,000	05 Jun 2023	Class A Common Stock	55,000,000		I	F8, F12

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

Explanation of Responses:

Id	Content
F1	Held by Mrs. Cantey M. Ergen, Mr. Ergen's spouse, in a 401(k) account.
F2	The shares are owned beneficially by the reporting person's child. The reporting person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein.
F3	The shares are held by a charitable foundation. The reporting person is an officer of the charitable foundation and shares voting and dispositive power for the foundation. The reporting person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein.
F4	The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F5	Held by Mrs. Ergen, Mr. Ergen's spouse.
F6	Held by Mr. Ergen in a 401(k) account.
F7	The Ergen Two-Year May 2023 DISH GRAT holds 26,000,000 Class A shares and 28,000,000 Class B shares and is scheduled to expire in accordance with its terms on May 12, 2025. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F8	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.
F9	Pursuant to the terms of the Ergen Two-Year June 2021 DISH GRAT, 2,645,957 Class B shares were distributed as an annuity to Mr. Ergen on June 5, 2023. Following this distribution, the Ergen Two-Year June 2021 DISH GRAT expired pursuant to its terms.
F10	The Ergen Two-Year June 2022 DISH GRAT holds 87,000,000 Class B shares and is scheduled to expire in accordance with its terms on June 23, 2024. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F11	The Ergen Two-Year December 2021 DISH GRAT holds 1,983,348 Class B shares and is scheduled to expire in accordance with its terms on December 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F12	The Ergen Two-Year December 2022 DISH GRAT holds 55,000,000 Class B shares and is scheduled to expire in accordance with its terms on December 22, 2024. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.