SEC Form 4 · accession 0001090536-15-000004
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Dugan
Officer — CEO and President · Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001415404
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 24, 2015 | M | 43,626 | $22.94 | A | 43,832 | D | |
| Class A Common StockF1 | Feb 24, 2015 | S | 43,626 | $54.77 | D | 206 | D | |
| Class A Common Stock | Feb 25, 2015 | M | 3,218 | $22.94 | A | 3,424 | D | |
| Class A Common StockF2 | Feb 25, 2015 | S | 3,218 | $54.51 | D | 206 | D | |
| Class A Common Stock | holding | — | — | — | 1,373 | I | By 401(k) |
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)F3 | $22.94 | Feb 24, 2015 | M | 43,626 | D | — | Dec 30, 2015 | Class A Common Stock | 43,626 | 56,374 | D |
| Employee Stock Option (Right to Buy)F3 | $22.94 | Feb 25, 2015 | M | 3,218 | D | — | Dec 30, 2015 | Class A Common Stock | 3,218 | 53,156 | D |
Explanation of responses
- F1The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $54.75 and $55.07. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the indicated range.
- F2The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $54.50 and $54.54. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the indicated range.
- F3The shares underlying the option were 100% vested upon the date of grant.