UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  December 8, 2016 (December 2, 2016)

 

DISH NETWORK CORPORATION

(Exact name of registrant as specified in its charter)

 

NEVADA

(State or other jurisdiction
of incorporation)

 

0-26176

(Commission File Number)

 

88-0336997

(IRS Employer
Identification No.)

 

9601 SOUTH MERIDIAN BLVD.
ENGLEWOOD, COLORADO

(Address of principal executive offices)

 

80112

(Zip Code)

 

(303) 723-1000

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 



 

Item 5.02.       Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On December 2, 2016, the Board of Directors and the Compensation Committee (the “Committee”) of the Board of Directors of DISH Network Corporation (“DISH”) approved a long-term, performance-based stock incentive plan (the “2017 LTIP”) under DISH’s 2009 Stock Incentive Plan. The purpose of the 2017 LTIP is to promote DISH’s interests and the interests of DISH’s stockholders by providing key employees with financial rewards through equity participation upon achievement of certain specified long-term business objectives. The employees eligible to participate in the 2017 LTIP generally include DISH’s executive officers, senior vice presidents, vice presidents and director-level employees. Employees participating in the 2017 LTIP are expected to receive a one-time award of an option (“option”) to purchase a specified number of shares of Class A common stock of DISH with an exercise price per share equal to the closing price of the Class A common stock of DISH on the date of grant or the last trading day prior to the date of grant (if the date of grant is not a trading day). Awards will initially be granted under the 2017 LTIP as of January 1, 2017. The options will vest based upon DISH’s achievement prior to December 31, 2020 of certain performance criteria determined by the Committee; provided, however, that none of the options will vest if DISH fails to achieve the performance criteria.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

DISH NETWORK CORPORATION

 

 

 

Date: December 8, 2016

By:

/s/ R. Stanton Dodge

 

 

R. Stanton Dodge
Executive Vice President, General Counsel and Secretary

 

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