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SEC FORM 4 SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DEFRANCO JAMES

(Last)

(First)

(Middle)

9601 S. MERIDIAN BLVD.

(Street)

ENGLEWOOD,

80112

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DISH Network CORP [ DISH ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
12/13/2019

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/13/2019		M⁽¹⁾		82,731	A	$33.52	1,611,260	D
Class A Common Stock	12/13/2019		M⁽¹⁾		119,353	A	$33.52	2,324,412	I	I⁽²⁾
Class A Common Stock	12/13/2019		M⁽¹⁾		67,658	A	$33.52	1,317,658	I	I⁽³⁾
Class A Common Stock	12/13/2019		M⁽¹⁾		2,833	A	$33.52	52,833	I	I⁽⁴⁾
Class A Common Stock								20,858	I	I⁽⁵⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Subscription Rights (right to buy)	$33.52	12/13/2019		M⁽¹⁾⁽⁶⁾			82,731	11/22/2019	12/09/2019	Class A Common Stock	82,731	$0	0	D
Subscription Rights (right to buy)	$33.52	12/13/2019		M⁽¹⁾⁽⁶⁾			119,353	11/22/2019	12/09/2019	Class A Common Stock	119,353	$0	0	I	I⁽²⁾
Subscription Rights (right to buy)	$33.52	12/13/2019		M⁽¹⁾⁽⁶⁾			67,658	11/22/2019	12/09/2019	Class A Common Stock	67,658	$0	0	I	I⁽³⁾
Subscription Rights (right to buy)	$33.52	12/13/2019		M⁽¹⁾⁽⁶⁾			2,833	11/22/2019	12/09/2019	Class A Common Stock	2,833	$0	0	I	I⁽⁴⁾

Explanation of Responses:

1. Represents shares of Class A common stock of DISH Network Corporation (the "Issuer") issued on December 13, 2019 pursuant to the exercise of subscription rights in connection with the Issuer's rights offering, as described in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on November 22, 2019. Subscription rights were distributed on a pro rata basis to holders of eligible securities of the Issuer.

2. The shares are held by the reporting person as a general partner of a limited partnership.

3. The shares are held by the reporting person as a general partner of a different limited partnership.

4. The shares are held by the reporting person in an irrevocable trust for the benefit of the reporting person's children and grandchildren. The reporting person disclaims beneficial ownership of the shares.

5. By 401(K).

6. Represents the exercise of subscription rights pursuant to the rights offering described in footnote 1.

Remarks:

	/s/ James DeFranco, by Brandon Ehrhart, his Attorney in Fact	12/17/2019
	** 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 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.