Ergen Two-Year December 2019 DISH GRAT 3
3 · DISH Network CORP · Filed Dec 11, 2019
Insider Transaction Report
Form 3
Holdings
Class B Common Stock
→ Class A Common Stock (32,000,000 underlying)
Footnotes (2)
- [F1]The Grantor Retained Annuity Trust ("GRAT") 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 3, 2019, Charles W. Ergen established the Ergen Two-Year December 2019 DISH GRAT and contributed 32,000,000 Class B shares, resulting in the transfer of a total of 32,000,000 Class B shares. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.