SEC Form 4 · accession 0001090536-16-000024
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, 2016
Accepted (ET)
Feb 26, 2016 · 4:05 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, 2016 | M | 33,334 | $0.00 | A | 69,182 | D | |
| Class A Common Stock | Feb 24, 2016 | F | 12,090 | $42.64 | D | 57,092 | D | |
| Class A Common Stock | holding | — | — | — | 1,469 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Feb 24, 2016 | M | 33,334 | D | — | — | Class A Common Stock | 33,334 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of Class A Common Stock.
- F2On July 1, 2015, the reporting person was granted 100,000 restricted stock units. The shares underlying the restricted stock units vested in three installments based on EchoStar Corporation's satisfaction of certain performance criteria for the period of April 30, 2015 through December 31, 2015.