SEC Form 4 · accession 0000904548-17-000011
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Charles W Ergen
Officer — Chairman and CEO · Director · 10% Owner
Cantey Ergen
Director · 10% Owner
Period of report
Aug 29, 2017
Accepted (ET)
Aug 31, 2017 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001082
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 29, 2017 | M | 100,000 | $23.96 | A | 598,785 | D | |
| Class A Common StockF1 | holding | — | — | — | 19,743 | I | I | |
| Class A Common StockF2 | holding | — | — | — | 235 | I | I | |
| Class A Common StockF3 | holding | — | — | — | 2,183 | I | I | |
| Class A Common StockF4 | holding | — | — | — | 8,425 | I | I | |
| Class A Common StockF5 | holding | — | — | — | 2,167,705 | I | I |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F6 | $23.96 | Aug 29, 2017 | M | 100,000 | D | — | Mar 31, 2018 | Class A Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1Held by Mr. Charles W. Ergen in a 401(k) account.
- F2Held by Mrs. Cantey M. Ergen.
- F3Held by Mrs. Cantey M. Ergen in a 401(k) account.
- F4The shares are owned beneficially by the reporting persons' child. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
- F5The shares are held by a charitable foundation. The reporting persons are officers of the charitable foundation and share investment control and voting power for the foundation. The reporting persons disclaim beneficial ownership of the shares, except to the extent of thier pecuniary interest therein.
- F6The shares underlying the options vest at the rate of 20% per year, commencing on March 31, 2009.