Two-Year May 2023 Dish Grat Ergen - 13 May 2024 Form 4 Insider Report for EchoStar CORP (SATS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 May 2024, 18:44:27 UTC
Prior SEC filing
03 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year May 2023 DISH GRAT, by Dean A. Manson, Attorney-in-Fact

Key filing fact

Two-Year May 2023 Dish Grat Ergen filed Form 4 for EchoStar CORP (SATS) on 15 May 2024.

Key facts

  • This page summarizes Two-Year May 2023 Dish Grat Ergen's Form 4 filing for EchoStar CORP (SATS).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 May 2024, 18:44.

Change

  • Previous filing in this sequence was filed on 03 Jan 2024.
  • 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SATS transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
-9,122,802
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 May 2024
Ownership
Direct
Footnotes
F1

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
-2,261,098
Change %
-23%
Price
$0.000000
Shares after
7,563,458
Date
13 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,261,098
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 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 2 footnotes

Footnote F1

Pursuant to the terms of the Ergen Two-Year May 2023 DISH GRAT (the "2023 May GRAT"), 9,122,802 Class A shares and 2,261,098 Class B shares were distributed as an annuity to Mr. Ergen on May 13, 2024. Following this distribution, the 2023 May GRAT beneficially owns 7,563,458 Class B shares. 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 F2

The holder of 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.

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