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

Signature
/s/ John Swieringa, by Dean A. Manson, Attorney-in-Fact
Stock symbol
SATS
Transactions as of
Dec 31, 2024
Transactions value $
-$148,140
Form type
4
Date filed
1/3/2025, 07:05 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Options Exercise +7.02K +54.15% 20K Dec 31, 2024 Direct F1
transaction SATS Class A Common Stock Options Exercise +14K +70.26% 34K Dec 31, 2024 Direct F1
transaction SATS Class A Common Stock Tax liability -$148K -6.47K -18.96% $22.90 27.7K Dec 31, 2024 Direct F2, F3
holding SATS Class A Common Stock 721 Dec 31, 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 -7.02K -25% $0.00 21.1K Dec 31, 2024 Class A Common Stock 7.02K Direct F1, F5
transaction SATS Restricted Stock Units Options Exercise $0 -14K -20% $0.00 56.1K Dec 31, 2024 Class A Common Stock 14K 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