SEC Form 4 · accession 0001234890-17-000006
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pradman P Kaul
Officer — President-Hughes Comm. Inc · Director
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 4:22 pm EDT
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 Shares | May 26, 2017 | M | 5,001 | $43.94 | A | 5,001 | D | |
| Class A Common Shares | May 26, 2017 | S | 5,001 | $59.75 | D | 0 | D | |
| Class A Common Shares | holding | — | — | — | 421 | 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)F2 | $43.94 | May 26, 2017 | M | 5,001 | D | — | Apr 1, 2026 | Class A Common Stock | 5,001 | 80,000 | 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 17, 2017.
- F2The shares underlying the option vest at the rate of 20% per year, commencing on April 1, 2017, if the reporting person is either employed by the company or its subsidiaries or is a member of the board of directors of the company on each vesting date.