SEC Form 4 · accession 0001267348-16-000008
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth G Carroll
Officer — EVP of Corp & Bus Development
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 4:45 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 StockF1,F2 | May 24, 2016 | S | 1,520 | $40.44 | D | 7,061 | D | |
| Class A Common Stock | May 24, 2016 | M | 4,759 | $19.08 | A | 11,820 | D | |
| Class A Common StockF3 | May 24, 2016 | S | 4,759 | $40.34 | D | 7,061 | D | |
| Class A Common StockF4 | holding | — | — | — | 724 | 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 | $19.08 | May 24, 2016 | M | 4,759 | D | — | Sep 30, 2020 | Class A Common Stock | 4,759 | 35,741 | D |
Explanation of responses
- F1The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $40.42 and $40.46. 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.
- F2Includes 167 shares acquired under the Company's employee stock purchase plan.
- F3The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $40.27 and $40.45. 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 December 31, 2015 and May 24, 2016, the reporting person acquired 128 shares under the Company's 401(k) plan.
- F5The shares underlying the option vested at the rate of 20% per year, commencing on September 30, 2011.