SEC Form 3 · accession 0001722081-17-000004
DISH Network CORP · DISH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy A. Messner
Officer — EVP & General Counsel
Period of report
Nov 2, 2017
Accepted (ET)
Nov 9, 2017 · 6:16 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 Stock | holding | — | — | — | 151 | D | ||
| Class A Common StockF1 | holding | — | — | — | 1,013 | 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)F2 | $21.59 | holding | — | — | — | — | Mar 31, 2021 | Class A Common Stock | 400 | — | D |
| Employee Stock Option (Right to Buy)F3 | $32.16 | holding | — | — | — | — | Mar 31, 2022 | Class A Common Stock | 3,200 | — | D |
| Employee Stock Option (Right to Buy)F4 | $36.40 | holding | — | — | — | — | Jan 1, 2023 | Class A Common Stock | 12,000 | — | D |
| Employee Stock Option (Right to Buy)F5 | $69.73 | holding | — | — | — | — | Apr 1, 2025 | Class A Common Stock | 2,500 | — | D |
| Employee Stock Option (Right to Buy)F6 | $46.29 | holding | — | — | — | — | Apr 1, 2026 | Class A Common Stock | 15,000 | — | D |
| Employee Stock Option (Right to Buy)F7 | $57.93 | holding | — | — | — | — | Jan 1, 2027 | Class A Common Stock | 15,000 | — | D |
| Employee Stock Option (Right to Buy)F7 | $62.76 | holding | — | — | — | — | Jan 1, 2027 | Class A Common Stock | 15,000 | — | D |
| Employee Stock Option (Right to Buy)F8 | $62.76 | holding | — | — | — | — | Jul 1, 2027 | Class A Common Stock | 25,000 | — | D |
| Restricted Stock UnitsF9,F4 | — | holding | — | — | — | — | Jan 1, 2023 | Class A Common Stock | 6,000 | — | D |
Explanation of responses
- F1By 401(k).
- F2The shares underlying the original grant vest at the rate of 20% per year, commencing on March 31, 2012.
- F3The shares underlying the original grant vest at the rate of 20% per year, commencing on March 31, 2013.
- F4The 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.
- F5The shares underlying the original grant vest at the rate of 20% per year, commencing on April 1, 2016.
- F6The shares underlying the original grant vest at the rate of 20% per year, commencing on April 1, 2017.
- F7The grant is subject to achievement of certain performance criteria prior to December 31, 2020 and will vest based on achievement of such criteria. The performance criteria are not tied to the market price of the issuer's securities.
- F8The shares underlying the original grant vest at the rate of 20% per year, commencing on July 1, 2018.
- F9Each unit converts upon vesting into one share of stock, which will be issued to the reporting person immediately upon vesting.