SEC Form 4 · accession 0001193818-15-000009
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph P Clayton
Officer — President and CEO · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:33 pm EST
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 StockF2 | Mar 2, 2015 | M | 50,000 | $27.90 | A | 229,108 | D | |
| Class A Common StockF3,F2 | Mar 2, 2015 | S | 50,000 | $75.64 | D | 179,108 | D | |
| Class A Common StockF4 | holding | — | — | — | 319 | 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)F5 | $27.90 | Mar 2, 2015 | M | 50,000 | D | — | Jun 30, 2021 | Class A Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10B5-1 trading plan.
- F2Includes shares aquired under the Company's Employee Stock Purchase Plan.
- F3Based upon a weighted average sales price. The shares reported in this transaction were sold at prices ranging between $75.22 and $76.21. 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 issuer, or a security holder of the issuer.
- F4By 401(K).
- F5The grant vested at a rate of one-third per year, commencing on December 31, 2011.