4//SEC Filing
Ergen Two-Year December 2022 SATS GRAT 4
Accession 0001104659-23-128802
CIK 0001415404other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:13 PM ET
Size
6.4 KB
Accession
0001104659-23-128802
Insider Transaction Report
Form 4
EchoStar CORPSATS
Transactions
- Gift
Class B Common Stock
2023-12-21−8,718,426→ 5,181,574 total→ Class A Common Stock (8,718,426 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 December 21, 2022, Mr. Charles W. Ergen established the Ergen Two-Year December 2022 SATS GRAT (the "2022 December GRAT") and contributed a total of 13,900,000 Class B shares to such trust. Pursuant to the terms of the 2022 December GRAT, 8,718,426 Class B shares were distributed as an annuity payment to Mr. Ergen on December 21, 2023, with the 2022 December GRAT retaining 5,181,574 Class B shares. The 2022 December GRAT is scheduled to expire in accordance with its terms on December 21, 2024. Mrs. Cantey M. Ergen serves as the trustee of the 2022 December GRAT.
Documents
Issuer
EchoStar CORP
CIK 0001415404
Entity typeother
Related Parties
1- filerCIK 0001959780
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:13 PM ET
- Size
- 6.4 KB