SEC Form 4 · accession 0001327225-18-000002
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom A Ortolf
Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 4:19 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 26, 2018 | M | 5,000 | $39.11 | A | 5,000 | D | |
| Class A Common StockF1 | Feb 26, 2018 | S | 5,000 | $59.71 | D | 0 | D | |
| Class A Common StockF2 | holding | — | — | — | 12,000 | I | By Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Director Stock OptionF3 | $39.11 | Feb 26, 2018 | M | 5,000 | D | Jun 30, 2013 | Jun 30, 2018 | Class A Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The price reported is the weighted average price. The shares reported in this transaction were sold at prices ranging between $59.42 and $60.05. 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.
- F2The reporting person is a partner of the partnership that owns the reported securities and the reported securities are held as collateral for a margin account.
- F3The shares underlying the option were 100% vested upon the date of grant.