SEC Form 4 · accession 0001090534-15-000002
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David K Moskowitz
Director · Other
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 5:59 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 | Jun 26, 2015 | M | 160,000 | $20.30 | A | 287,779 | D | |
| Class A Common StockF2 | Jun 26, 2015 | S | 160,000 | $70.02 | D | 127,779 | D | |
| Class A Common StockF3 | holding | — | — | — | 28,500 | I | I | |
| Class A Common StockF4 | holding | — | — | — | 18,795 | I | I | |
| Class A Common StockF5 | holding | — | — | — | 1,328 | 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 | $20.30 | Jun 26, 2015 | M | 160,000 | D | — | Jun 30, 2015 | Class A Common Stock | 160,000 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10B5-1 trading plan.
- F2Based upon a weighted average sale price. The shares reported in this transaction were sold at prices ranging between $69.28 and $70.48. Information regarding the number of shares sold at each separate price will be made available upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
- F3The shares are held by a charitable foundation. The reporting person is a member of the Board of Directors for the charitable foundation and has both investment control and voting power for the foundation. The reporting person disclaims beneficial ownership of the shares.
- F4By 401(k).
- F5The shares are held by the reporting person as custodian for his minor children.
- F6The shares underlying the option vest at the rate of 20% per year, commencing on June 30, 2006.