John Swieringa - 31 Dec 2024 Form 4 Insider Report for EchoStar CORP (SATS)

Role
PRES, TECH & COO
Signature
/s/ John Swieringa, by Dean A. Manson, Attorney-in-Fact
Issuer symbol
SATS
Transactions as of
31 Dec 2024
Net transactions value
-$148,140
Form type
4
Filing time
03 Jan 2025, 19:05:07 UTC
Previous filing
03 Apr 2024
Next filing
30 Jun 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 +7,017 +54% 19,976 31 Dec 2024 Direct F1
transaction SATS Class A Common Stock Options Exercise +14,035 +70% 34,011 31 Dec 2024 Direct F1
transaction SATS Class A Common Stock Tax liability $148,140 -6,469 -19% $22.90 27,650 31 Dec 2024 Direct F2, F3
holding SATS Class A Common Stock 721 31 Dec 2024 I F4

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 -7,017 -25% $0.000000 21,053 31 Dec 2024 Class A Common Stock 7,017 Direct F1, F5
transaction SATS Restricted Stock Units Options Exercise $0 -14,035 -20% $0.000000 56,140 31 Dec 2024 Class A Common Stock 14,035 Direct F1, F6
* 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 both vested restricted stock units listed in Table II.
F3 Includes shares acquired under the Company's Employee Stock Purchase Plan.
F4 By 401(K).
F5 The shares underlying the RSUs vest at a rate of 20% per year, commencing January 1, 2023.
F6 The RSUs vest 20% per year commencing January 1, 2025