Ergen Two-Year May 2025 SATS GRAT 3
3 · EchoStar CORP · Filed May 23, 2025
Insider Transaction Report
Form 3
EchoStar CORPSATS
Ergen Two-Year May 2025 SATS GRAT
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (25,000,000 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]On May 13, 2025, Charles W. Ergen established the Ergen Two-Year May 2025 SATS GRAT (the "May 2025 GRAT") and contributed 25,000,000 Class B shares, resulting in the transfer of a total of 25,000,000 Class B shares to the May 2025 GRAT. Mrs. Cantey M. Ergen serves as the trustee of the May 2025 GRAT.