The Employee Stock Purchase Plan lets you buy shares of EchoStar common stock at a discount through convenient payroll deductions. It’s another way we offer you unique value as a DISH employee ― and a potentially valuable addition to your long-term savings.
Key advantages at a glance
The Employee Stock Purchase Plan can help support your financial goals in a variety of ways, including:
Company ownership.
The plan enables you to participate in EchoStar ownership by becoming a shareholder.
Saving made easy.
Through post-tax deductions each pay period, you’ll regularly — and very simply — set aside money to invest in EchoStar common stock.
Eligibility and enrollment
| Eligibility | You must be a regular employee who has completed one full calendar quarter of employment and is scheduled to work at least 20 or more hours per week. |
| Your Contributions | Your contributions are made through payroll deductions on a post-tax basis.
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| How to Enroll | You can enroll in the ESPP through HR Link. If you are eligible, you may enroll in the ESPP at any point on or before the 15th of the month prior to the following quarter. Your new deduction will go into effect on the first day of the following quarter.1 |
| Discount Rate | 15% |
| When You Can Change Your Deduction | You have an opportunity to change your deduction at any point on or before the 15th of the month prior to the following quarter; however, your changes will go into effect on the first day of the following quarter. Deductions can’t be suspended or changed mid-quarter.2 |
1 New elections and any changes to deductions are subject to DISH’s Insider Trading Notice.
2 If you experience financial hardship, as defined by the Plan, you may suspend/change your deductions at any time.
Participants will be required to hold shares of stock purchased through the ESPP for a minimum of 180 days from the purchase date. After that, you can continue to hold the stock or sell at any time.
To learn more or enroll, visit the Fidelity website or call 1-800-544-9354.