SEC Form 4 · accession 0001661534-16-000002
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Swieringa
Officer — EVP, Operations
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 7:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001082
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $57.18 | Jan 1, 2016 | A | 100,000 | A | — | Jan 1, 2026 | Class A Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (Right to Buy)F2 | $57.18 | Jan 1, 2016 | A | 15,000 | A | — | Jan 1, 2023 | Class A Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitsF3,F2 | — | Jan 1, 2016 | A | 7,500 | A | — | Jan 1, 2023 | Class A Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1The shares underlying the option vest at the rate of 20% per year, commencing on January 1, 2017.
- F2The grant is subject to achievement of certain performance criteria prior to September 30, 2022 and will vest based on achievement of such criteria. The performance criteria are not tied to the market price of the Issuer's securities.
- F3Each unit converts upon vesting into one share of stock, which will be issued to the reporting person immediately upon vesting.