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 | -55M | -100% | 0 | Dec 22, 2023 | Class A Common Stock | 55M | Direct | F1, F2 |
Ergen Two-Year December 2022 DISH GRAT is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | 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. |
F2 | Pursuant to the terms of the Two-Year December 2022 GRAT, 55,000,000 Class B shares were distributed as an annuity to Mr. Ergen on December 22, 2023. Following this distribution, the Two-Year December 2022 GRAT expired in accordance with its terms. |