SEC Form 4 · accession 0001582944-15-000004
EchoStar CORP · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kranti Kilaru
Officer — EVP, Bus Systems, IT & Ops
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 6:00 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 27, 2015 | M | 3,000 | $24.69 | A | 3,097 | D | |
| Class A Common StockF1 | Feb 27, 2015 | S | 3,000 | $53.53 | D | 0 | D | |
| Class A Common Stock | holding | — | — | — | 897 | 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 | $24.69 | Feb 27, 2015 | M | 3,000 | D | — | Mar 31, 2015 | Class A Common Stock | 3,000 | 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 $53.23 and $53.88. 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 shares underlying the option were 40% vested on the date of grant with the remaining 60% vesting at the rate of 20% per year commencing on 3/31/2008.