SEC Form 4 · accession 0000904548-18-000006

DISH Network CORP · DISH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Charles W Ergen

Officer — Chairman · Director · 10% Owner

Cantey Ergen

Director · 10% Owner

Period of report

May 9, 2018

Accepted (ET)

May 11, 2018 · 6:11 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001001082

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock	holding	—	—	—	596,470	D
Class A Common Stock^F1	holding	—	—	—	19,827	I	I
Class A Common Stock^F2	holding	—	—	—	235	I	I
Class A Common Stock^F3	holding	—	—	—	2,266	I	I
Class A Common Stock^F4	holding	—	—	—	8,955	I	I
Class A Common Stock^F5	holding	—	—	—	6,465	I	I
Class A Common Stock^F6	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
Class B Common Stock^F7	—	May 9, 2018	G	32,000,000	D	—	—	Class A Common Stock	32,000,000	48,107,963	D
Class B Common Stock^F7,F8	—	May 9, 2018	G	32,000,000	A	—	—	Class A Common Stock	32,000,000	32,000,000	I
Class B Common Stock^F9,F7	—	holding	—	—	—	—	—	Class A Common Stock	8,536,625	8,536,625	I
Class B Common Stock^F10,F7	—	holding	—	—	—	—	—	Class A Common Stock	40,000,000	40,000,000	I
Class B Common Stock^F11,F7	—	holding	—	—	—	—	—	Class A Common Stock	40,000,000	40,000,000	I
Class B Common Stock^F12,F7	—	holding	—	—	—	—	—	Class A Common Stock	36,000,000	36,000,000	I

Explanation of responses

F1Held by Mr. Charles W. Ergen in a 401(k) account.
F10The Ergen Three-Year 2017 DISH GRAT holds 40,000,000 Class B shares and is scheduled to expire in accordance with its terms on May 30, 2020. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F11The Ergen Two-Year 2017 DISH GRAT holds 40,000,000 Class B shares and is scheduled to expire in accordance with its terms on November 30, 2019. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F12The Ergen Two-Year March 2018 DISH GRAT holds 36,000,000 Class B shares and is scheduled to expire in accordance with its terms on March 9, 2020. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
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 owned beneficially by a trust that Mrs. Cantey M. Ergen holds a durable power of attorney for the beneficiary. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F6The 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 their pecuniary interest therein.
F7The holders 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.
F8On May 9, 2018, Mr. Charles W. Ergen established the Ergen Two-Year May 2018 DISH GRAT and contributed 32,000,000 Class B shares, resulting in the transfer of a total of 32,000,000 Class B shares. The Ergen Two-Year May 2018 DISH GRAT expires in accordance with its terms on May 9, 2020. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
F9The Ergen Three-Year 2015 DISH GRAT holds 8,536,625 Class B shares and is scheduled to expire in accordance with its terms on November 30, 2018. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.