Sec Form 4 Filing - ERGEN CHARLES W @ DISH Network CORP - 2022-06-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ERGEN CHARLES W
2. Issuer Name and Ticker or Trading Symbol
DISH Network CORP [ DISH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CHAIRMAN
(Last) (First) (Middle)
9601 S. MERIDIAN BLVD.
3. Date of Earliest Transaction (MM/DD/YY)
06/03/2022
(Street)
ENGLEWOOD, CO80112
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 1,085,443 D
Class A Common Stock 353 I I( 1 )
Class A Common Stock 21,447 I I( 2 )
Class A Common Stock 2,732 I I( 3 )
Class A Common Stock 10,957 I I( 4 )
Class A Common Stock 2,168,975 I I( 5 )
Class A Common Stock 6,699,489 I I( 6 )
Class A Common Stock 25,000,000 I I( 7 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 8 ) 06/03/2022 G( 9 ) V 47,354,043 ( 8 ) ( 8 ) Class A Common Stock 47,354,043 $ 0 2,645,957 I I( 9 )
Class B Common Stock ( 8 ) 06/03/2022 G( 9 ) V 47,354,043 ( 8 ) ( 8 ) Class A Common Stock 47,354,043 $ 0 87,541,808 D
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 24,298,841 24,298,841 I I( 10 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 63,790,620 63,790,620 I I( 6 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 32,500,000 32,500,000 I I( 11 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 4,857,982 4,857,982 I I( 12 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 22,800,000 22,800,000 I I( 7 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ERGEN CHARLES W
9601 S. MERIDIAN BLVD.
ENGLEWOOD, CO80112
X X CHAIRMAN
ERGEN CANTEY
9601 S. MERIDIAN BLVD.
ENGLEWOOD, CO80112
X X SENIOR ADVISOR
Signatures
/s/ Cantey M. Ergen by Brandon Ehrhart, Attorney-in-Fact 06/07/2022
Signature of Reporting Person Date
/s/ Charles W. Ergen by Brandon Ehrhart, Attorney-in-Fact 06/07/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Held by Mrs. Cantey M. Ergen, Mr. Ergen's spouse.
( 2 )Held by Mr. Charles W. Ergen in a 401(k) account.
( 3 )Held by Mrs. Cantey M. Ergen in a 401(k) account.
( 4 )The shares are owned beneficially by the reporting persons' child. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
( 5 )The shares are held by a charitable foundation. The reporting persons are officers of the charitable foundation and share voting and dispositive power for the foundation. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
( 6 )The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
( 7 )The Ergen Two-Year May 2022 DISH GRAT holds 25,000,000 Class A shares and 22,800,000 Class B shares and is scheduled to expire in accordance with its terms on May 12, 2024. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
( 8 )The holder of 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.
( 9 )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.
( 10 )The Ergen Two-Year December 2020 DISH GRAT holds 24,298,841 Class B shares and is scheduled to expire in accordance with its terms on December 22, 2022. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
( 11 )The Ergen Two-Year December 2021 DISH GRAT holds 32,500,000 Class B Shares and is scheduled to expire in accordance with its terms on December 3, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.
( 12 )The Ergen Two-Year March 2021 DISH GRAT holds 4,857,982 Class B shares and is scheduled to expire in accordance with its terms on March 30, 2023. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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