4//SEC Filing
Ergen Two-Year December 2020 SATS GRAT 4
Accession 0001415404-21-000067
CIK 0001415404other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:25 PM ET
Size
9.4 KB
Accession
0001415404-21-000067
Insider Transaction Report
Form 4
EchoStar CORPSATS
Transactions
- Gift
Class B Common Stock
2021-12-21−7,369,140→ 13,630,860 total→ Class A Common Stock (7,369,140 underlying)
Footnotes (2)
- [F1]The reporting person may elect to convert any or all of its Class B shares into an equal number of Class A shares at any time for no additional consideration.
- [F2]On December 21, 2020, Mr. Charles W. Ergen established the Ergen Two-Year December 2020 SATS GRAT (the "2020 December GRAT") and contributed a total of 21,000,000 Class B shares to such trust. Pursuant to the terms of the 2020 December GRAT, 7,369,140 Class B shares were distributed as an annuity payment to Mr. Ergen on December 21, 2021, with the 2020 December GRAT retaining 13,630,860 Class B shares. The 2020 December GRAT is scheduled to expire in accordance with its terms on December 21, 2022. Mrs. Cantey M. Ergen serves as the trustee of the 2020 December GRAT.
Issuer
EchoStar CORP
CIK 0001415404
Entity typeother
Related Parties
1- filerCIK 0001837976
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:25 PM ET
- Size
- 9.4 KB