SEC Form 4 · accession 0000904548-16-000018

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

Nov 30, 2016

Accepted (ET)

Dec 2, 2016 · 4:30 pm EST

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	—	—	—	6,122	I	By child
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	—	Nov 30, 2016	G	1,995,242	A	—	—	Class A Common Stock	1,995,242	33,193,945	D

Explanation of responses

F1These shares are beneficially owned by one of the reporting person's children. 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. The reporting person was formerly deemed to beneficially own 6,122 shares that are beneficially owned by another of the reporting person's children.
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 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.
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 his 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 2015 SATS GRAT (the "2015 GRAT"), 1,995,242 shares were distributed as an annuity to Mr. Ergen on November 30, 2016, with the 2015 GRAT retaining 7,004,758 Class B shares. The 2015 GRAT expires in accordance with its terms on November 30, 2018.