Proietti Joseph T. - 31 Dec 2023 Form 4 Insider Report for DISH Network CORP

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 31 Dec 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Jan 2024, 20:09:05 UTC
Prior SEC filing: 03 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Joseph T. Proietti, by Timothy A. Messner, Attorney-in-Fact

Key filing fact

Proietti Joseph T. filed Form 4 for DISH Network CORP on 03 Jan 2024.

Key facts

This page summarizes Proietti Joseph T.'s Form 4 filing for DISH Network CORP.
4 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 Jan 2024, 20:09.

Change

Previous filing in this sequence was filed on 03 Jan 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DISH transaction Derivative

Non-Employee Director Stock Option

Disposed to Issuer

Transaction value
Shares: -10,000
Change %: -100%
Price
Shares after: 0
Date: 31 Dec 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,000
Exercise price: $35.47
Footnotes: F1, F2

DISH transaction Derivative

Non-Employee Director Stock Option

Disposed to Issuer

Transaction value
Shares: -5,000
Change %: -100%
Price
Shares after: 0
Date: 31 Dec 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $32.34
Footnotes: F1, F2

DISH transaction Derivative

Non-Employee Director Stock Option

Disposed to Issuer

Transaction value
Shares: -5,000
Change %: -100%
Price
Shares after: 0
Date: 31 Dec 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $32.44
Footnotes: F1, F2

DISH transaction Derivative

Non-Employee Director Stock Option

Disposed to Issuer

Transaction value
Shares: -5,000
Change %: -100%
Price
Shares after: 0
Date: 31 Dec 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $14.04
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

Proietti Joseph T. 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 shares underlying the option were 100% vested upon the date of the grant. Pursuant to the Merger Agreement, at the Effective Time, each option to purchase Issuer Class A Common Stock held by the Reporting Person was converted into a corresponding award with respect to EchoStar Class A Common Stock.

Footnote F2

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"). 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") 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").