Ergen Two-Year May 2023 DISH GRAT - Dec 31, 2023 Form 4 Insider Report for DISH Network CORP (DISH)

Role: 10%+ Owner
Signature: /s/ Cantey M. Ergen, Trustee of the Ergen Two-Year May 2023 DISH GRAT, by Timothy A. Messner, Attorney-in-Fact
Stock symbol: DISH
Transactions as of: Dec 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/3/2024, 07:40 PM
Previous filing: May 18, 2023
Next filing: May 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DISH	Class A Common Stock	Disposed to Issuer		-26M	-100%		0	Dec 31, 2023	Direct	F1, F2, F3

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	Disposed to Issuer		-28M	-100%		0	Dec 31, 2023	Class A Common Stock	28M		Direct	F1, F2, F3, F4

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

Ergen Two-Year May 2023 DISH GRAT 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 Amended and Restated Agreement and Plan of Merger, dated as of October 2, 2023 ("Merger Agreement"), by and between the Issuer, EchoStar Corporation, a Nevada corporation ("EchoStar") and EAV Corp., a Nevada corporation and a wholly owned direct subsidiary of EchoStar ("Merger Sub"), on December 31, 2023, Merger Sub merged with and into the Issuer with the Issuer surviving the merger as a wholly owned subsidiary of EchoStar (the "Merger").
F2	Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of Class A Common Stock, par value $0.01 per share, of the Issuer ("Issuer Class A Common Stock") and Class B Common Stock, par value $0.01 per share, of the Issuer ("Issuer Class B Common Stock") held by the Reporting Person was converted into the right to receive 0.350877 shares of Class A Common Stock, par value $0.001 per share, of EchoStar ("EchoStar Class A Common Stock") or Class B Common Stock, par value $0.001 per share, of EchoStar ("EchoStar Class B Common Stock"), as applicable.
F3	On May 12, 2023, Charles W. Ergen established the Ergen Two-Year May 2023 DISH GRAT (the "2023 May GRAT") and contributed a total of 26,000,000 Class A shares and 28,000,000 Class B shares to such GRAT. The 2023 May GRAT is scheduled to expire in accordance with its terms on May 12, 2025. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F4	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.