4//SEC Filing
Ergen Two-Year June 2020 SATS GRAT 4
Accession 0001415404-21-000037
CIK 0001415404other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:58 PM ET
Size
6.2 KB
Accession
0001415404-21-000037
Insider Transaction Report
Form 4
EchoStar CORPSATS
Ergen Two-Year June 2020 SATS GRAT
10% Owner
Transactions
- Gift
Class B Common Stock
2021-06-01−2,700,309→ 2,299,691 total→ Class A Common Stock (2,700,309 underlying)
Footnotes (2)
- [F1]The holder of Class B shares may elect to convert any or all of their Class B shares into an equal number of Class A shares at any time for no additional consideration.
- [F2]On June 1, 2020, Mr. Charles W. Ergen established the Ergen Two-Year June 2020 SATS GRAT (the "2020 June GRAT") and contributed a total of 5,000,000 Class B shares to such trust. Pursuant to the terms of the 2020 June GRAT, 2,700,309 Class B shares were distributed as an annuity payment to Mr. Ergen on June 1, 2021, with the 2020 June GRAT retaining 2,299,691 Class B shares. The 2020 June GRAT is scheduled to expire in accordance with its terms on June 1, 2022. Mrs. Cantey M. Ergen serves as the trustee of the 2020 June GRAT.
Documents
Issuer
EchoStar CORP
CIK 0001415404
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0001848579
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:58 PM ET
- Size
- 6.2 KB