SEC Form 4 · accession 0001476295-17-000002
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Lynch
Officer — CEO, Sling TV Holding L.L.C.
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 4:49 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 StockF2 | May 1, 2017 | M | 15,000 | $18.00 | A | 15,457 | D | |
| Class A Common StockF3,F2 | May 1, 2017 | S | 15,000 | $63.05 | D | 457 | D | |
| Class A Common StockF4 | holding | — | — | — | 312 | 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 | $18.00 | May 1, 2017 | M | 15,000 | D | — | Dec 31, 2019 | Class A Common Stock | 15,000 | 25,000 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan.
- F2Includes shares acquired under the Company's Employee Stock Purchase Plan.
- F3Based on a weighted average sales price. The shares reported in this transaction were sold at prices ranging from $63.00 to $63.41. 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 shares underlying the options vest at the rate of 20% per year, commencing on December 31, 2010.