Key facts
- This page summarizes Two-Year June 2020 Sats Grat Ergen's Form 4 filing for EchoStar CORP (SATS).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 03 Jun 2021, 16:58.
Two-Year June 2020 Sats Grat Ergen - 01 Jun 2021 Form 4 Insider Report for EchoStar CORP (SATS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- SATS
- Reported as of
- 01 Jun 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Cantey M. Ergen, Trustee of the Ergen Two-Year June 2020 SATS GRAT, by Dean A. Manson, her Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Two-Year June 2020 Sats Grat Ergen filed Form 4 for EchoStar CORP (SATS) on 03 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SATS
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- -2,700,309
- Change %
- -54%
- Price
- $0.000000
- Shares after
- 2,299,691
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,700,309
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Two-Year June 2020 Sats Grat Ergen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
The holder of Class B shares may elect to convert any or all of their Class B shares into an equal number of Class A shares at any time for no additional consideration.
Footnote F2
On June 1, 2020, Mr. Charles W. Ergen established the Ergen Two-Year June 2020 SATS GRAT (the "2020 June GRAT") and contributed a total of 5,000,000 Class B shares to such trust. Pursuant to the terms of the 2020 June GRAT, 2,700,309 Class B shares were distributed as an annuity payment to Mr. Ergen on June 1, 2021, with the 2020 June GRAT retaining 2,299,691 Class B shares. The 2020 June GRAT is scheduled to expire in accordance with its terms on June 1, 2022. Mrs. Cantey M. Ergen serves as the trustee of the 2020 June GRAT.