Ergen Two-Year June 2020 DISH GRAT - Jun 2, 2021 Form 4 Insider Report for DISH Network CORP (DISH)

Role: 10%+ Owner
Signature: /s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year June 2020 DISH GRAT, by Brandon Ehrhart, Attorney-in-Fact
Stock symbol: DISH
Transactions as of: Jun 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/3/2021, 04:37 PM
Next filing: Jun 6, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DISH	Class B Common Stock	Gift		-19.9M	-33.1%		40.1M	Jun 2, 2021	Class A Common Stock	19.9M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The holder of the shares of Class B stock 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.
F2	Pursuant to the terms of the Two-Year June 2020 GRAT, 19,861,182 Class B shares were distributed as an annuity to Mr. Ergen on June 2, 2021. Following this distribution, the Two-Year June 2020 GRAT beneficially owns 40,138,818 Class B shares. The Two-Year June 2020 GRAT is scheduled to expire in accordance with its terms on June 2, 2022.