Hamid Akhavan - 31 Dec 2024 Form 4 Insider Report for EchoStar CORP (SATS)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Hamid Akhavan, by Dean A. Mason, Attorney-in-Fact
Issuer symbol
SATS
Transactions as of
31 Dec 2024
Net transactions value
-$2,612,363
Form type
4
Filing time
03 Jan 2025, 19:00:15 UTC
Previous filing
03 Apr 2024
Next filing
07 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Options Exercise +263,158 +116% 490,882 31 Dec 2024 Direct F1
transaction SATS Class A Common Stock Tax liability $2,612,363 -114,077 -23% $22.90 376,805 31 Dec 2024 Direct F2
holding SATS Class A Common Stock 240 31 Dec 2024 I 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 SATS Restricted Stock Units Options Exercise $0 -263,158 -100% $0.000000 0 31 Dec 2024 Class A Common Stock 263,158 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer, which will be issued to the Reporting Person immediately upon vesting.
F2 Represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units listed in Table II.
F3 By 401(K).
F4 The RSUs vest on December 31, 2024.