SEC Form 4 · accession 0001184607-17-000001
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Rayner
Officer — EVP, CFO, COO & Treasurer
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 5:16 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,F2 | Dec 31, 2016 | M | 6,667 | $0.00 | A | 16,100 | D | |
| Class A Common Stock | Dec 31, 2016 | F | 2,133 | $51.39 | D | 13,967 | D | |
| Class A Common Stock | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | $0.00 | Dec 31, 2016 | M | 6,667 | A | — | — | Class A Common Shares | 6,667 | 6,667 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of Class A Common Stock.
- F2Includes 68 shares acquired under the Company's employee stock purchase plan.
- F3On December 31, 2012, the reporting person was granted 33,333 restricted stock units. The shares underlying the restricted stock units vest at the rate of 20% per year, commencing on December 31, 2013. Pursuant to the terms of the reporting person's restricted stock unit agreement, on December 31, 2016, 6,667 of the reporting person's restricted stock units vested and were settled for an equal number of shares of Class A Common Stock.