SEC Form 4 · accession 0001090536-18-000002
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
Jan 23, 2018
Accepted (ET)
Jan 25, 2018 · 4:09 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 | Jan 23, 2018 | M | 1,600 | $20.14 | A | 26,746 | D | |
| Class A Common StockF2 | Jan 23, 2018 | S | 1,600 | $62.12 | D | 25,146 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 200 | $20.14 | A | 25,346 | D | |
| Class A Common StockF3 | Jan 24, 2018 | S | 200 | $62.07 | D | 25,146 | D | |
| Class A Common Stock | holding | — | — | — | 1,694 | 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)F4 | $20.14 | Jan 23, 2018 | M | 1,600 | D | — | Dec 31, 2019 | Class A Common Stock | 1,600 | 414,014 | D |
| Employee Stock Option (Right to Buy)F4 | $20.14 | Jan 24, 2018 | M | 200 | D | — | Dec 31, 2019 | Class A Common Stock | 200 | 413,814 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2017.
- F2The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $62.04 and $62.22. 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 price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $62.02 and $62.12. 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.
- F4The shares underlying the option vested at the rate of one-third per year, commencing on December 31, 2010.