SEC Form 4 · accession 0001184607-16-000012
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David Rayner
Officer — EVP, CFO, COO & Treasurer
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 4:38 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 StockF1 | Nov 11, 2016 | M | 5,000 | $34.22 | A | 14,365 | D | |
| Class A Common StockF3 | Nov 11, 2016 | S | 5,000 | $50.01 | D | 9,365 | D | |
| Class A Common StockF4 | holding | — | — | — | 852 | 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)F5 | $34.22 | Nov 11, 2016 | M | 5,000 | D | — | Dec 31, 2022 | Class A Common Stock | 5,000 | 70,000 | D |
Explanation of responses
- F1Includes 273 shares acquired under the Company's employee stock purchase plan.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 29, 2016.
- F3The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $50.00 and $50.02. 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.
- F4Between February 29, 2016 and November 11, 2016, the reporting person acquired 128 shares under the Company's 401(k) plan.
- F5The shares underlying the option vest at the rate of 20% per year, commencing on December 31, 2013.