Filing Details
- Accession Number:
- 0000904548-21-000003
- Form Type:
- 13D Filing
- Publication Date:
- 2021-03-19 16:34:23
- Filed By:
- Ergen Charles W
- Company:
- Echostar Corp (NASDAQ:SATS)
- Filing Date:
- 2021-03-19
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Charles W. Ergen | 1,863,025 | 48,040,167 | 1,863,025 | 48,040,167 | Approximately 54.2% | |
Cantey M. Ergen | 48,028,645 | 1,874,547 | 35,220,440 | 14,682,752 | Approximately 54.0% | |
Ergen Two-Year May | 2,695,957 | 9. | 2,695,957 | 11. | Approximately 5.7% | |
Ergen Two-Year | 2,913,508 | 9. | 2,913,508 | 11. | Approximately 6.1% | |
Ergen Two-Year December | 1,724,153 | 9. | 1,724,153 | 11. | Approximately 3.7% | |
Ergen Two-Year March | 1,886,574 | 9. | 1,886,574 | 11. | Approximately 4.2% | |
Ergen Two-Year June | 5,000,000 | 9. | 5,000,000 | 11. | Approximately 10.0% | |
Ergen Two-Year December | 21,000,000 | 9. | 21,000,000 | 11. | Approximately 31.9% | |
Telluray Holdings | 12,808,205 | 9. | 12,808,205 | 11. | Approximately 22.2% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 30)*
ECHOSTAR CORPORATION
(Name of Issuer)
CLASS A COMMON STOCK, $0.001 PAR VALUE PER SHARE
(Title of Class of Securities)
278768 106
(CUSIP Number)
Dean A. Manson
Executive Vice President, General Counsel and Secretary
EchoStar Corporation
100 Inverness Terrace E.
Englewood, Colorado 80112
(303) 706-4000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 18, 2021
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D/A, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Charles W. Ergen |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 1,863,025 SHARES (1) (2) 460,298 SIXTY DAY SHARES (3) | ||||||
8. | SHARED VOTING POWER 48,040,167 SHARES (1) (4) | |||||||
9. | SOLE DISPOSITIVE POWER 1,863,025 SHARES (1) (2) 460,298 SIXTY DAY SHARES (3) | |||||||
10. | SHARED DISPOSITIVE POWER 48,040,167 SHARES (1) (4) |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 50,363,490 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 54.2% (5) |
14. | TYPE OF REPORTING PERSON IN |
(1) Includes shares of Class A Common Stock, $0.001 par value per share (“Class A Common Stock”) and Class B Common Stock, $0.001 par value per share (“Class B Common Stock”) of EchoStar Corporation (“EchoStar”). The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Consists of: (i) 314,104 shares of Class A Common Stock beneficially owned directly by Mr. Ergen; (ii) 3,705 shares of Class A Common Stock beneficially owned indirectly by Mr. Ergen in the DISH Network Corporation (“DISH Network”) 401(k) Employee Savings Plan (the “DISH Network 401(k) Plan”); and (iii) 1,545,216 shares of Class B Common Stock beneficially owned directly by Mr. Ergen.
(3) “Sixty Day Shares” are shares of Class A Common Stock deemed to be beneficially owned under Rule 13d-3(d)(1) because Mr. Ergen has the right to acquire beneficial ownership of such shares within 60 days of the date hereof.
(4) Consists of: (i) 47 shares of Class A Common Stock beneficially owned directly by Mr. Ergen’s spouse, Cantey M. Ergen; (ii) 201 shares of Class A Common Stock beneficially owned indirectly by Mrs. Ergen in the DISH Network 401(k) Plan; (iii) 6,122 shares of Class A Common Stock beneficially owned by one of Mr. Ergen’s children; (iv) 5,400 shares of Class A Common Stock beneficially owned by a charitable foundation for which Mr. Ergen is an officer and for which he shares voting and dispositive power with Mrs. Ergen; (v) 12,808,205 shares of Class B Common Stock held by Telluray Holdings, LLC (“Telluray Holdings”), for which Mrs. Ergen has sole voting power as a manager of Telluray Holdings and for which Mr. Ergen and Mrs. Ergen share dispositive power as the managers of Telluray Holdings; (vi) 2,695,957 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year May 2019 SATS GRAT (the “2019 May GRAT”); (vii) 2,913,508 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year 2019 SATS GRAT II (the “2019 GRAT II”); (viii) 1,724,153 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year December 2019 SATS GRAT (the “2019 December GRAT”); (ix) 1,886,574 shares of Class A Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year March 2020 SATS GRAT (the “2020 March GRAT”); (x) 5,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year June 2020 SATS GRAT (the “2020 June GRAT”); and (xi) 21,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the Ergen Two-Year December 2020 SATS GRAT (the “2020 December GRAT”).
(5) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming the conversion of only the shares of Class B Common Stock beneficially owned by Mr. Ergen into Class A Common Stock and giving effect to the exercise of options held by Mr. Ergen that are either currently exercisable as of, or may become exercisable within 60 days after, March 16, 2021. Because each share of Class B Common Stock is entitled to 10 votes per share, Mr. Ergen may be deemed to beneficially own equity securities of EchoStar representing approximately 91.8% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock and giving effect to the exercise of options held by Mr. Ergen that are either currently exercisable as of, or may become exercisable within 60 days after, March 16, 2021).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Cantey M. Ergen |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ |
6. | CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 48,028,645 SHARES (1) (2) | ||||||
8. | SHARED VOTING POWER 1,874,547 SHARES (1) (3) | |||||||
9. | SOLE DISPOSITIVE POWER 35,220,440 SHARES (1) (4) | |||||||
10. | SHARED DISPOSITIVE POWER 14,682,752 SHARES (1) (5) |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 49,903,192 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 54.0% (6) |
14. | TYPE OF REPORTING PERSON IN |
(1) Includes shares of Class A Common Stock and Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Consists of: (i) 47 shares of Class A Common Stock beneficially owned directly by Mrs. Ergen; (ii) 201 shares of Class A Common Stock beneficially owned indirectly by Mrs. Ergen in the DISH Network 401(k) Plan; (iii) 12,808,205 shares of Class B Common Stock held by Telluray Holdings, for which Mrs. Ergen has sole voting power as a manager of Telluray Holdings; (iv) 2,695,957 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 May GRAT; (v) 2,913,508 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 GRAT II; (vi) 1,724,153 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 December GRAT; (vii) 1,886,574 shares of Class A Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 March GRAT; (viii) 5,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 June GRAT; and (ix) 21,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 December GRAT. Mrs. Ergen exercises voting power with respect to Telluray Holdings and each of the 2019 May GRAT, the 2019 GRAT II, the 2019 December GRAT, the 2020 March GRAT, the 2020 June GRAT and the 2020 December GRAT independently and, with respect to the 2019 May GRAT, the 2019 GRAT II, the 2019 December GRAT, the 2020 March GRAT, the 2020 June GRAT and the 2020 December GRAT, in accordance with her fiduciary responsibilities to the beneficiaries of such trusts.
(3) Consists of: (i) 314,104 shares of Class A Common Stock beneficially owned directly by Mrs. Ergen’s spouse, Mr. Ergen; (ii) 3,705 shares of Class A Common Stock beneficially owned indirectly by Mr. Ergen in the DISH Network 401(k) Plan; (iii) 1,545,216 shares of Class B Common Stock beneficially owned directly by Mr. Ergen; (iv) 6,122 shares of Class A Common Stock beneficially owned by one of Mrs. Ergen’s children; and (v) 5,400 shares of Class A Common Stock beneficially owned by a charitable foundation for which Mrs. Ergen is an officer and for which she shares voting and dispositive power with Mr. Ergen.
(4) Consists of: (i) 47 shares of Class A Common Stock beneficially owned directly by Mrs. Ergen; (ii) 201 shares of Class A Common Stock beneficially owned indirectly by Mrs. Ergen in the DISH Network 401(k) Plan; (iii) 2,695,957 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 May GRAT; (iv) 2,913,508 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 GRAT II; (v) 1,724,153 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2019 December GRAT; (vi) 1,886,574 shares of Class A Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 March GRAT; (vii) 5,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 June GRAT; and (viii) 21,000,000 shares of Class B Common Stock owned beneficially by Mrs. Ergen solely by virtue of her position as trustee of the 2020 December GRAT. Mrs. Ergen exercises dispositive power with respect to each of the 2019 May GRAT, the 2019 GRAT II, the 2019 December GRAT, the 2020 March GRAT, the 2020 June GRAT and the 2020 December GRAT, independently and in accordance with her fiduciary responsibilities to the beneficiaries of such trusts.
(5) Consists of: (i) 314,104 shares of Class A Common Stock beneficially owned directly by Mrs. Ergen’s spouse, Mr. Ergen; (ii) 3,705 shares of Class A Common Stock beneficially owned indirectly by Mr. Ergen in the DISH Network 401(k) Plan; (iii) 1,545,216 shares of Class B Common Stock beneficially owned directly by Mr. Ergen; (iv) 6,122 shares of Class A Common Stock beneficially owned by one of Mrs. Ergen’s children; (v) 5,400 shares of Class A Common Stock beneficially owned by a charitable foundation for which Mrs. Ergen is an officer and for which she shares voting and dispositive power with Mr. Ergen; and (vi) 12,808,205 shares of Class B Common Stock held by Telluray Holdings, for which Mr. Ergen and Mrs. Ergen share dispositive power as the managers of Telluray Holdings.
(6) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming the conversion of only the shares of Class B Common Stock beneficially owned by Mrs. Ergen into Class A Common Stock. Because each share of Class B Common Stock is entitled to 10 votes per share, Mrs. Ergen may be deemed to beneficially own equity securities of EchoStar representing approximately 91.8% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Ergen Two-Year May 2019 SATS GRAT |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ |
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 2,695,957 SHARES (1) | ||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER 2,695,957 SHARES (1) | |||||||
10. | SHARED DISPOSITIVE POWER |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 2,695,957 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 5.7% (2) |
14. | TYPE OF REPORTING PERSON OO |
(1) All of the shares beneficially held by the 2019 May GRAT are shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by the 2019 May GRAT into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2019 May GRAT may be deemed to beneficially own would be approximately 2.9%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2019 May GRAT beneficially owns equity securities of EchoStar representing approximately 5.2% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Ergen Two-Year 2019 SATS GRAT II |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ |
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 2,913,508 SHARES (1) | ||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER 2,913,508 SHARES (1) | |||||||
10. | SHARED DISPOSITIVE POWER |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 2,913,508 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 6.1% (2) |
14. | TYPE OF REPORTING PERSON OO |
(1) All of the shares beneficially held by the 2019 GRAT II are shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by the 2019 GRAT II into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2019 GRAT II may be deemed to beneficially own would be approximately 3.2%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2019 GRAT II beneficially owns equity securities of EchoStar representing approximately 5.6% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Ergen Two-Year December 2019 SATS GRAT |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ |
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 1,724,153 SHARES (1) | ||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER 1,724,153 SHARES (1) | |||||||
10. | SHARED DISPOSITIVE POWER |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 1,724,153 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 3.7% (2) |
14. | TYPE OF REPORTING PERSON OO |
(1) All of the shares beneficially held by the 2019 December GRAT are shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by the 2019 December GRAT into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2019 December GRAT may be deemed to beneficially own would be approximately 1.9%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2019 December GRAT beneficially owns equity securities of EchoStar representing approximately 3.3% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON |
Ergen Two-Year March 2020 SATS GRAT |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: |
(a) | ☐ | |||||||
(b) | ☒ |
3. | SEC Use Only |
4. | SOURCE OF FUNDS OO |
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ |
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER 1,886,574 SHARES (1) | ||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER 1,886,574 SHARES (1) | |||||||
10. | SHARED DISPOSITIVE POWER |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON 1,886,574 |
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 4.2% (2) |
14. | TYPE OF REPORTING PERSON OO |
(1) All of the shares beneficially held by the 2020 March GRAT are shares of Class A Common Stock.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021. Because the Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2020 March GRAT may be deemed to beneficially own would be approximately 2.0%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2020 March GRAT beneficially owns equity securities of EchoStar representing approximately 0.4% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON | ||||
Ergen Two-Year June 2020 SATS GRAT | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: | ||||
(a) ☐ | |||||
(b) ☒ | |||||
3. | SEC Use Only | ||||
4. | SOURCE OF FUNDS OO | ||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER | ||||||
5,000,000 SHARES (1) | ||||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER | |||||||
5,000,000 SHARES (1) | ||||||||
10. | SHARED DISPOSITIVE POWER | |||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON | ||||
5,000,000 | |||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ | ||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
Approximately 10.0% (2) | |||||
14. | TYPE OF REPORTING PERSON | ||||
OO |
(1) All of the shares beneficially held by the 2020 June GRAT are shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by the 2020 June GRAT into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2020 June GRAT may be deemed to beneficially own would be approximately 5.4%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2020 June GRAT beneficially owns equity securities of EchoStar representing approximately 9.6% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON | ||||
Ergen Two-Year December 2020 SATS GRAT | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: | ||||
(a) ☐ | |||||
(b) ☒ | |||||
3. | SEC Use Only | ||||
4. | SOURCE OF FUNDS OO | ||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Colorado |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER | ||||||
21,000,000 SHARES (1) | ||||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER | |||||||
21,000,000 SHARES (1) | ||||||||
10. | SHARED DISPOSITIVE POWER | |||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON | ||||
21,000,000 | |||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ | ||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
Approximately 31.9% (2) | |||||
14. | TYPE OF REPORTING PERSON | ||||
OO |
(1) All of the shares beneficially held by the 2020 December GRAT are shares of Class B Common Stock. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by the 2020 December GRAT into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that the 2020 December GRAT may be deemed to beneficially own would be approximately 22.7%. Because each share of Class B Common Stock is entitled to 10 votes per share, the 2020 December GRAT beneficially owns equity securities of EchoStar representing approximately 40.3% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
CUSIP No. 278768 106
1. | NAME OF REPORTING PERSON | ||||
Telluray Holdings, LLC | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: | ||||
(a) ☐ | |||||
(b) ☒ | |||||
3. | SEC Use Only | ||||
4. | SOURCE OF FUNDS OO | ||||
5. | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐ | ||||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION Wyoming |
Number Of Shares Beneficially Owned By Each Reporting Person With | 7. | SOLE VOTING POWER | ||||||
12,808,205 SHARES (1) | ||||||||
8. | SHARED VOTING POWER | |||||||
9. | SOLE DISPOSITIVE POWER | |||||||
12,808,205 SHARES (1) | ||||||||
10. | SHARED DISPOSITIVE POWER | |||||||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE REPORTING PERSON | ||||
12,808,205 | |||||
12. | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ☐ | ||||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
Approximately 22.2% (2) | |||||
14. | TYPE OF REPORTING PERSON | ||||
OO |
(1) All of the shares beneficially held by Telluray Holdings are shares of Class B Common Stock, for which Mrs. Ergen has sole voting power as a manager of Telluray Holdings and for which Mr. Ergen and Mrs. Ergen share dispositive power as the managers of Telluray Holdings. The shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis at any time.
(2) Based on 44,776,415 shares of Class A Common Stock outstanding on March 16, 2021 and assuming conversion of only the shares of Class B Common Stock beneficially owned by Telluray Holdings into Class A Common Stock. Because such Class B Common Stock is convertible on a one-for-one basis into Class A Common Stock, assuming conversion of all shares of outstanding Class B Common Stock into Class A Common Stock, the percentage of the Class A Common Stock that Telluray Holdings may be deemed to beneficially own would be approximately 13.9%. Because each share of Class B Common Stock is entitled to 10 votes per share, Telluray Holdings beneficially owns equity securities of EchoStar representing approximately 24.6% of the voting power of EchoStar (assuming no conversion of any Class B Common Stock).
ITEM 2. | Identity and Background. |
Item 2 is amended and restated as follows:
This statement is being filed jointly by: (a) Charles W. Ergen; (b) Cantey M. Ergen; (c) the 2019 May GRAT; (d) the 2019 GRAT II; (e) the 2019 December GRAT; (f) the 2020 March GRAT; (g) the 2020 June GRAT; (h) the 2020 December GRAT; and (i) Telluray Holdings, who are together referred to as the “Reporting Persons.” This Schedule 13D relates solely to, and is being filed for, shares held by Mr. and Mrs. Ergen, the 2019 May GRAT, the 2019 GRAT II, the 2019 December GRAT, the 2020 March GRAT, the 2020 June GRAT, the 2020 December GRAT and Telluray Holdings.
(A) Charles W. Ergen
Mr. Ergen’s principal occupation is Chairman of each of EchoStar and DISH Network, and his principal address is 9601 S. Meridian Blvd., Englewood, Colorado 80112. Mr. Ergen has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Ergen is a citizen of the United States.
(B) Cantey M. Ergen
Mrs. Ergen is a Senior Advisor and member of the Board of Directors of DISH Network and her principal address is 9601 S. Meridian Blvd., Englewood, Colorado 80112. Mrs. Ergen has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. Mrs. Ergen is a citizen of the United States.
(C) 2019 May GRAT
The 2019 May GRAT was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2019 May GRAT has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2019 May GRAT, Mrs. Ergen is vested with sole voting and dispositive power over the 2,695,957 shares of Class B Common Stock held by the 2019 May GRAT, except as set forth in Item 6.
(D) 2019 GRAT II
The 2019 GRAT II was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2019 GRAT II has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2019 GRAT II, Mrs. Ergen is vested with sole voting and dispositive power over the 2,913,508 shares of Class B Common Stock held by the 2019 GRAT II, except as set forth in Item 6.
(E) 2019 December GRAT
The 2019 December GRAT was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2019 December GRAT has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2019 December GRAT, Mrs. Ergen is vested with sole voting and dispositive power over the 1,724,153 shares of Class B Common Stock held by the 2019 December GRAT, except as set forth in Item 6.
(F) 2020 March GRAT
The 2020 March GRAT was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2020 March GRAT has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2020 March GRAT, Mrs. Ergen is vested with sole voting and dispositive power over the 1,886,574 shares of Class A Common Stock held by the 2020 March GRAT, except as set forth in Item 6.
(G) 2020 June GRAT
The 2020 June GRAT was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2020 June GRAT has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2020 June GRAT, Mrs. Ergen is vested with sole voting and dispositive power over the 5,000,000 shares of Class B Common Stock held by the 2020 June GRAT, except as set forth in Item 6.
(H) 2020 December GRAT
The 2020 December GRAT was formed under the laws of the State of Colorado and its principal business is to hold a portion of the assets and estate of Mr. Ergen. Its address is c/o Cantey M. Ergen, as Trustee, at 9601 S. Meridian Blvd., Englewood, Colorado 80112. The 2020 December GRAT has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws. As trustee of the 2020 December GRAT, Mrs. Ergen is vested with sole voting and dispositive power over the 21,000,000 shares of Class B Common Stock held by the 2020 December GRAT, except as set forth in Item 6.
(I) Telluray Holdings
Telluray Holdings is a limited liability company organized under the laws of the State of Wyoming and its principal business is to hold a portion of the assets and estate of Mr. Ergen and to hold certain assets of certain trusts established for the benefit of his family. Its address is 1623 Central Avenue, Suite 214, Cheyenne, Wyoming 82001. Telluray Holdings has not, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or finding any violation with respect to such laws.
Mr. Ergen and certain trusts established for the benefit of his family are the members of Telluray Holdings. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings. As a manager of Telluray Holdings, Mrs. Ergen has sole voting power over the shares of Class B Common Stock held by Telluray Holdings. As managers of Telluray Holdings, Mr. Ergen and Mrs. Ergen share dispositive power over the shares of Class B Common Stock held by Telluray Holdings.
ITEM 4. | Purpose of Transaction. |
Item 4 is hereby amended and supplemented as follows:
During the first quarter of each year, Mr. Ergen receives an annuity amount from the 2020 March GRAT under the trust agreement governing the 2020 March GRAT, assuming that the 2020 March GRAT has not expired. The number of shares of Class A Common Stock and/or Class B Common Stock to be distributed as an annuity payment is based in part on the price of the Class A Common Stock on the distribution date and therefore cannot be calculated until the date of distribution. In addition to shares of Class A Common Stock and/or Class B Common Stock, the annuity payments (and their associated timing) may include, and be based upon, amounts generated from the holdings of the 2020 March GRAT including, among other things, stock recapitalizations or dividends paid or payable with respect to the Class A Common Stock and/or Class B Common Stock held by the 2020 March GRAT. On March 18, 2021, the 2020 March GRAT distributed 265,177 shares of Class A Common Stock and 1,348,249 shares of Class B Common Stock held by the 2020 March GRAT to Mr. Ergen as an annuity payment. Therefore, the 2020 March GRAT currently has beneficial ownership of 1,886,574 shares of Class A Common Stock. The 2020 March GRAT is scheduled to expire in accordance with its terms on March 18, 2022.
ITEM 5. | Interest in Securities of the Issuer. |
Item 5 is hereby amended and supplemented as follows:
(a) This filing is for the cumulative share holdings of an affiliated group as of the close of business on March 18, 2021. See Items 11 and 13 of the cover pages to this Amendment No. 30 for the aggregate number of shares of Class A Common Stock and percentage of Class A Common Stock beneficially owned by each of the Reporting Persons. The Reporting Persons’ beneficial ownership of shares of Class A Common Stock excludes 1,640 shares of Class A Common Stock held by certain trusts established by Mr. Ergen for the benefit of his family. Mr. Ergen and Mrs. Ergen disclaim beneficial ownership of the 12,808,205 shares of Class B Common Stock held by Telluray Holdings, except to the extent of their pecuniary interest.
(b) See Items 7 through 10 of the cover pages to this Amendment No. 30 for the number of shares of Class A Common Stock beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition.
(c) The Reporting Persons have not effected any transactions in the Class A Common Stock of EchoStar in the last sixty days other than as described herein.
(d) Not applicable.
(e) Not applicable.
Item 7. | Material to be Filed as Exhibits. |
Exhibit A: Agreement of Joint Filing
Exhibit B: Power of Attorney for Charles W. Ergen (incorporated by reference from Exhibit B to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020).
Exhibit C: Power of Attorney for Cantey M. Ergen (incorporated by reference from Exhibit C to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit D: Power of Attorney for Two-Year May 2019 SATS GRAT (incorporated by reference from Exhibit E to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit E: Power of Attorney for Two-Year 2019 SATS GRAT II (incorporated by reference from Exhibit F to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit F: Power of Attorney for Two-Year December 2019 SATS GRAT (incorporated by reference from Exhibit G to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit G: Power of Attorney for Two-Year March 2020 SATS GRAT (incorporated by reference from Exhibit H to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit H: Power of Attorney for Two-Year June 2020 SATS GRAT (incorporated by reference from Exhibit I to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit I: Power of Attorney for Telluray Holdings, LLC (incorporated by reference from Exhibit J to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit J: Power of Attorney for Two-Year December 2020 SATS GRAT (incorporated by reference from Exhibit J to the reporting person’s Schedule 13D dated December 21, 2020 and filed with the Securities and Exchange Commission on December 22, 2020)
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
CHARLES W. ERGEN | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Charles W. Ergen by Robert J. Hooke, attorney-in-fact | |||||
CANTEY M. ERGEN | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR MAY 2019 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR 2019 SATS GRAT II | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR DECEMBER 2019 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR MARCH 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR JUNE 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR DECEMBER 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact |
TELLURAY HOLDINGS, LLC | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Manager by Robert J. Hooke, attorney-in-fact |
Attention: Intentional misstatements or omissions of fact
constitutes Federal criminal violations (See 18 U.S.C. 1001)
EXHIBIT INDEX
Exhibit A: Agreement of Joint Filing
Exhibit B: Power of Attorney for Charles W. Ergen (incorporated by reference from Exhibit B to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020).
Exhibit C: Power of Attorney for Cantey M. Ergen (incorporated by reference from Exhibit C to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit D: Power of Attorney for Two-Year May 2019 SATS GRAT (incorporated by reference from Exhibit E to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit E: Power of Attorney for Two-Year 2019 SATS GRAT II (incorporated by reference from Exhibit F to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit F: Power of Attorney for Two-Year December 2019 SATS GRAT (incorporated by reference from Exhibit G to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit G: Power of Attorney for Two-Year March 2020 SATS GRAT (incorporated by reference from Exhibit H to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit H: Power of Attorney for Two-Year June 2020 SATS GRAT (incorporated by reference from Exhibit I to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit I: Power of Attorney for Telluray Holdings, LLC (incorporated by reference from Exhibit J to the reporting person’s Schedule 13D dated November 30, 2020 and filed with the Securities and Exchange Commission on December 1, 2020)
Exhibit J: Power of Attorney for Two-Year December 2020 SATS GRAT (incorporated by reference from Exhibit J to the reporting person’s Schedule 13D dated December 21, 2020 and filed with the Securities and Exchange Commission on December 22, 2020)
EXHIBIT A
Agreement of Joint Filing
Pursuant to Rule 13d-1(k)(l)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement on Schedule 13D/A to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below.
CHARLES W. ERGEN | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Charles W. Ergen by Robert J. Hooke, attorney-in-fact | |||||
CANTEY M. ERGEN | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR MAY 2019 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR 2019 SATS GRAT II | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR DECEMBER 2019 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR MARCH 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR JUNE 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
ERGEN TWO-YEAR DECEMBER 2020 SATS GRAT | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Trustee by Robert J. Hooke, attorney-in-fact | |||||
TELLURAY HOLDINGS, LLC | |||||
Dated: March 19, 2021 | /s/ Robert J. Hooke | ||||
Cantey M. Ergen, Manager by Robert J. Hooke, attorney-in-fact |