EchoStar (SATS) Form 3 EchoStar / Adrian Morris ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Morris Adrian

(Last) (First) (Middle)

9601 S. MERIDIAN BLVD.

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/06/2023

3. Issuer Name and Ticker or Trading Symbol
EchoStar CORP [ SATS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Technology Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	1,182	I	By 401(k) Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	(1)	04/01/2032	Class A Common Stock	11,898	25.21	D
Employee stock option (right to buy)	(2)	04/01/2032	Class A Common Stock	28,102	25.21	D
Employee stock option (right to buy)	(3)	10/01/2029	Class A Common Stock	7,713	38.89	D
Employee stock option (right to buy)	(4)	10/01/2029	Class A Common Stock	32,287	38.89	D
Employee stock option (right to buy)	(5)	04/01/2026	Class A Common Stock	13,090	38.19	D
Employee stock option (right to buy)	(6)	04/01/2026	Class A Common Stock	44,446	38.19	D

Explanation of Responses:

1. The option vests in three equal annual installments beginning on April 1, 2025.

2. The option vests as to 8,000 shares on each of April 1, 2023 and 2024, and thereafter in three equal annual installments beginning on April 1, 2025.

3. The option vested as to 2,571 shares on October 1, 2022 and vests as to 2,571 shares on each of October 1, 2023 and 2024.

4. The option vested as to 8,000 shares on each of October 1, 2020 and 2021 and as to 5,429 shares on October 1, 2022, and will vest as to 5,429 shares on each of October 1, 2023 and 2024.

5. The option vested in five annual installments beginning on April 1, 2017 and became fully vested on April 1, 2021.

6. The option vested in five annual installments beginning on April 1, 2017 and became fully vested on April 1, 2021.

	/s/ Adrian Morris, by Dean Manson, his Attorney-in-Fact	02/15/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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