Form 4 for ECHO EchoStar
Accepted 2024-11-14 00:00:00 ET · period of report 2024-11-12 · accession 0001415889-24-026886 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-11-14 | 2024-11-12 | ECHO | ERGEN CHARLES W | COB, Dir, 10% | P - Purchase | $28.04 | +1.55M | 1.55M | New | +$43.50M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-11-12 | P | A | 1,551,355 | $28.04 | 1,551,355 | I I | — | — | (F1) On November 12, 2024, CONX Corporation ("CONX"), subject to the terms and conditions of a Subscription Agreement entered into between CONX and EchoStar Corporation ("EchoStar"), purchased 1,551,355 shares of Class A Common Stock at a purchase price of $28.04 per share. These shares are beneficially owned indirectly by Mr. Ergen through nXgen Opportunities, LLC, which controls CONX. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. |