SEC Form 4 · accession 0001582944-16-000010
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
Mar 24, 2016
Accepted (ET)
Mar 28, 2016 · 4:05 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 Stock | Mar 24, 2016 | M | 200 | $25.21 | A | 337 | D | |
| Class A Common Stock | Mar 24, 2016 | S | 200 | $42.96 | D | 137 | D | |
| Class A Common Stock | Mar 24, 2016 | M | 600 | $25.21 | A | 737 | D | |
| Class A Common Stock | Mar 24, 2016 | S | 600 | $42.96 | D | 137 | D | |
| Class A Common StockF2 | holding | — | — | — | 1,120 | 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)F3 | $25.21 | Mar 24, 2016 | M | 200 | D | Mar 31, 2011 | Mar 31, 2016 | Class A Common Stock | 200 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $25.21 | Mar 24, 2016 | M | 600 | D | Mar 31, 2011 | Mar 31, 2016 | Class A Common Stock | 600 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the person on February 29, 2016.
- F2Between January 1, 2016 and March 24, 2016, the reporting person acquired 128 shares under the Company's 401(k) plan.
- F3On March 31, 2006, the reporting person was granted 800 employee stock options. The shares underlying the employee stock options were 20% vested on the date of grant and the remainder vested at the rate of 20% per year commencing on March 31, 2008, such that as of March 31, 2011, all of the shares underlying these options were vested.