Two-Year June 2023 Dish Grat Ergen - 26 Jun 2024 Form 4 Insider Report for EchoStar CORP (SATS)

Role: 10%+ Owner
Signature: /s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year June 2023 DISH GRAT, by Dean A. Manson, Attorney-in-Fact
Issuer symbol: SATS
Transactions as of: 26 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 28 Jun 2024, 16:38:16 UTC
Previous filing: 03 Jan 2024
SEC: View on sec.gov

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	SATS	Class B Common Stock	Gift	$0	-16,298,707	-52%	$0.000000	15,104,784	26 Jun 2024	Class A Common Stock	16,298,707		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The holder of 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 Ergen Two-Year June 2023 DISH GRAT (the "2023 June GRAT"), 16,298,707 Class B shares were distributed as an annuity to Mr. Ergen on June 26, 2024. Following this distribution, the 2023 June GRAT beneficially owns 15,104,784 Class B shares. The 2023 June GRAT is scheduled to expire in accordance with its terms on June 26, 2025. Mrs. Cantey M. Ergen serves as the Trustee of such GRAT.

Content

The holder of 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.

Pursuant to the terms of the Ergen Two-Year June 2023 DISH GRAT (the "2023 June GRAT"), 16,298,707 Class B shares were distributed as an annuity to Mr. Ergen on June 26, 2024. Following this distribution, the 2023 June GRAT beneficially owns 15,104,784 Class B shares. The 2023 June GRAT is scheduled to expire in accordance with its terms on June 26, 2025. Mrs. Cantey M. Ergen serves as the Trustee of such GRAT.