Ergen Two-Year June 2021 DISH GRAT 4
4 · DISH Network CORP · Filed Jun 7, 2022
Insider Transaction Report
Form 4
Ergen Two-Year June 2021 DISH GRAT
10% Owner
Transactions
- Gift
Class B Common Stock
2022-06-03−47,354,043→ 2,645,957 total→ Class A Common Stock (47,354,043 underlying)
Footnotes (2)
- [F1]The holder of the Class B shares 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]Pursuant to the terms of the Ergen Two-Year June 2021 DISH GRAT, 47,354,043 Class B shares were distributed as an annuity to Mr. Ergen on June 3, 2022. Following this distribution, the Ergen Two-Year June 2021 DISH GRAT holds 2,645,957 Class B shares and is scheduled to expire in accordance with its terms on June 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.