SEC Form 4 · accession 0000904548-16-000013

EchoStar CORP · ECHO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Charles W Ergen

Officer — Chairman · Director · 10% Owner

Period of report

May 31, 2016

Accepted (ET)

Jun 2, 2016 · 4:21 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001415404

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock	holding	—	—	—	700,678	D
Class A Common Stock^F1	holding	—	—	—	12,244	I	By children
Class A Common Stock	holding	—	—	—	47	I	By spouse
Class A Common Stock	holding	—	—	—	3,705	I	By 401(k)
Class A Common Stock	holding	—	—	—	201	I	By spouse's 401(k)
Class A Common Stock^F2	holding	—	—	—	5,400	I	By charitable foundation
Hughes Retail Preferred Tracking Stock^F3	holding	—	—	—	6,290,499	I	By DISH Network L.L.C.

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common Stock^F4	—	May 31, 2016	G	4,394,665	A	—	—	Class A Common Stock	4,394,665	31,198,703	D

Explanation of responses

F1These shares are beneficially owned by two of the reporting person's children. 6,122 of these shares were formerly held by a custodian for the reporting person's child. The reporting person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F2The shares are held by a charitable foundation. The reporting person is an officer of the charitable foundation and has both investment control and voting power for the foundation. The reporting person disclaims beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
F3The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F4The holder of the shares of Class B stock may elect to convert any or all of their Class B shares into an equal number of Class A shares at any time for no additional consideration.
F5Pursuant to the terms of the Ergen Three-Year 2014 SATS GRAT (the "2014 GRAT"), 4,394,665 shares were distributed as an annuity to Mr. Ergen on May 31, 2016, with the 2014 GRAT retaining 2,680,131 Class B shares. The 2014 GRAT expires in accordance with its terms on May 30, 2017.