Key facts
- This page summarizes Two-Year May 2023 Dish Grat Ergen's Form 4 filing for DISH Network CORP.
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Jan 2024, 19:40.
Two-Year May 2023 Dish Grat Ergen - 31 Dec 2023 Form 4 Insider Report for DISH Network CORP
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 31 Dec 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Jan 2024, 19:40:04 UTC
- Prior SEC filing
- 18 May 2023
- Next SEC filing
- 15 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Cantey M. Ergen, Trustee of the Ergen Two-Year May 2023 DISH GRAT, by Timothy A. Messner, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Two-Year May 2023 Dish Grat Ergen filed Form 4 for DISH Network CORP on 03 Jan 2024.
Change
- Previous filing in this sequence was filed on 18 May 2023.
- 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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DISH
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -26,000,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DISH
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -28,000,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Dec 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,000,000
- Exercise price
- Footnotes
- F1, F2, F3, F4
* 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 May 2023 Dish 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 4 footnotes
Footnote F1
Pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of October 2, 2023 ("Merger Agreement"), by and between the Issuer, EchoStar Corporation, a Nevada corporation ("EchoStar") and EAV Corp., a Nevada corporation and a wholly owned direct subsidiary of EchoStar ("Merger Sub"), on December 31, 2023, Merger Sub merged with and into the Issuer with the Issuer surviving the merger as a wholly owned subsidiary of EchoStar (the "Merger").
Footnote F2
Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of Class A Common Stock, par value $0.01 per share, of the Issuer ("Issuer Class A Common Stock") and Class B Common Stock, par value $0.01 per share, of the Issuer ("Issuer Class B Common Stock") held by the Reporting Person was converted into the right to receive 0.350877 shares of Class A Common Stock, par value $0.001 per share, of EchoStar ("EchoStar Class A Common Stock") or Class B Common Stock, par value $0.001 per share, of EchoStar ("EchoStar Class B Common Stock"), as applicable.
Footnote F3
On May 12, 2023, Charles W. Ergen established the Ergen Two-Year May 2023 DISH GRAT (the "2023 May GRAT") and contributed a total of 26,000,000 Class A shares and 28,000,000 Class B shares to such GRAT. The 2023 May GRAT is scheduled to expire in accordance with its terms on May 12, 2025. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
Footnote F4
The holder of the 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.