| Accession Number: | 0001104659-20-080780 |
| Date: | 2020-06-30 |
| Issuer: | DISH NETWORK CORP (DISH) |
| Original Submission Date: |
CULLEN THOMAS A
9601 S. MERIDIAN BLVD.
ENGLEWOOD, CO 80112
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK | 2020-06-30 | M | 200,000 | a | $0.00 | 260,410 | direct | ||
| CLASS A COMMON STOCK | 2020-06-30 | F | 83,614 | d | $34.51 | 176,796 | direct | ||
| CLASS A COMMON STOCK | 2020-06-30 | M | 120,000 | a | $15.38 | 296,796 | direct | ||
| CLASS A COMMON STOCK | 2020-07-01 | A | 100 | a | $0.00 | 296,896 | direct | ||
| CLASS A COMMON STOCK | 2020-07-01 | F | 44 | d | $34.62 | 296,852 | direct | ||
| CLASS A COMMON STOCK | 2020-07-01 | M | 50,000 | a | $15.38 | 346,852 | direct | ||
| CLASS A COMMON STOCK | 2020-07-01 | S | 50,000 | d | $35.00 | 296,852 | direct | ||
| CLASS A COMMON STOCK | 2020-06-30 | 0 | $0.00 | 1,571 | indirect | f8 |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITS | 0.0 | 2020-06-30 | deemed execution date | M | 200,000 (d) | 2020-09-30 | class a common stock 200,000 | $0.00 | 0 | direct | ||
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 15.38 | 2020-06-30 | deemed execution date | M | 120,000 (d) | 2020-09-30 | class a common stock 120,000 | $15.38 | 480,000 | direct | ||
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 15.38 | 2020-07-01 | deemed execution date | M | 50,000 (d) | 2020-09-30 | class a common stock 50,000 | $15.38 | 430,000 | direct | ||
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 34.62 | 2020-07-01 | deemed execution date | A | 100,000 (a) | 2030-07-01 | class a common stock 100,000 | $34.62 | 100,000 | direct |
| ID | footnote |
|---|---|
| f1 | pursuant to the terms of the reporting person's restricted stock units agreement, 200,000 restricted stock units vested on june 30, 2020. |
| f2 | each restricted stock unit converts into one share of stock upon vesting, which is issued to the reporting person immediately upon vesting. |
| f3 | includes shares acquired under the company's employee stock purchase plan. |
| f4 | represents shares withheld to cover certain tax obligations in connection with the vested restricted stock units listed in table ii. |
| f5 | the transaction reported was effected pursuant to a rule 10b5-1 trading plan. |
| f6 | the reporting person acquired 100 class a shares on july 1, 2020 granted to the reporting person as a performance bonus. |
| f7 | represents shares withheld to cover certain tax obligations in connection with the performance bonus granted to the reporting person. |
| f8 | by 401(k). |
| f9 | the grant is subject to achievement of certain performance criteria prior to june 30, 2020 and will vest based on achievement of such criteria. the performance criteria are not tied to the market price of the issuer's securities. |
| f10 | the shares underlying the options vest at the rate of 20% per year, commencing upon july 1, 2021. |
