SEC Form 4 · accession 0001184607-15-000004
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Rayner
Officer — EVP, CFO & Treasurer
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 6:02 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 13, 2015 | M | 5,000 | $34.22 | A | 12,219 | D | |
| Class A Common StockF2 | Feb 13, 2015 | S | 5,000 | $55.01 | D | 7,219 | D | |
| Class A Common Stock | holding | — | — | — | 629 | 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 | $34.22 | Feb 13, 2015 | M | 5,000 | D | — | Dec 31, 2022 | Class A Common Stock | 5,000 | 85,000 | 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 29, 2014.
- F2The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $55.00 and $55.02. 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 vest at the rate of 20% per year, commencing on December 31, 2013.