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^*

JACKSON MARK W

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. VP - EchoStar Technologies

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2003

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	05/12/2003		M		28,224	A	2.125	0⁽⁹⁾	D
Class A Common Stock	05/12/2003		S		28,224	D	32.095	0	D
Class A Common Stock	05/12/2003		M		15,804	A	2.125	0	D
Class A Common Stock	05/12/2003		S		15,804	D	32.254	0	D
Class A Common Stock	05/12/2003		M		9,412	A	2.125	0	D
Class A Common Stock	05/12/2003		S		9,412	D	32.192	0	D
Class A Common Stock	05/12/2003		M		16,666	A	6	0	D
Class A Common Stock	05/12/2003		S		16,666	D	32.081	0	D
Class A Common Stock	05/12/2003		M		70,334	A	6	0	D
Class A Common Stock	05/12/2003		S		70,334	D	32.212	0	D
Class A Common Stock	05/12/2003		M		35,968	A	2.125	0	D
Class A Common Stock	05/12/2003		S		35,968	D	32.461	0	D
Class A Common Stock	05/12/2003		M		96,000	A	2.125	340	D
Class A Common Stock	05/12/2003		S		96,000	D	32.191	5,961	I	I⁽¹⁾

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)
Employee Stock Option (Right to Buy)	2.125	05/12/2003		M			28,224	02/12/1998⁽²⁾	02/12/2008⁽³⁾	Class A Common Stock	28,224	$2.125	0	D
Employee Stock Option (Right to Buy)	2.125	05/12/2003		M			15,804	12/22/1996⁽⁴⁾	12/22/2006⁽³⁾	Class A Common Stock	15,804	$2.125	0	D
Employee Stock Option (Right to Buy)	2.125	05/12/2003		M			9,412	06/20/1996⁽⁵⁾	06/20/2006⁽³⁾	Class A Common Stock	9,412	$2.125	0	D
Employee Stock Option (Right to Buy)	6	05/12/2003		M			16,666	03/31/2000⁽⁶⁾	02/17/2009	Class A Common Stock	16,666	$6	103,334	D
Employee Stock Option (Right to Buy)	6	05/12/2003		M			70,334	03/31/2000⁽⁶⁾	02/17/2009	Class A Common Stock	70,334	$6	300,666	D
Employee Stock Option (Right to Buy)	2.125	05/12/2003		M			35,968	08/01/1997⁽⁷⁾	08/01/2007⁽³⁾	Class A Common Stock	35,968	$2.125	0	D
Employee Stock Option (Right to Buy)	2.125	05/12/2003		M			96,000	12/31/1998⁽⁸⁾	12/31/2008⁽³⁾	Class A Common Stock	96,000	$2.125	0	D

Explanation of Responses:

1. On March 8, 2000, the Company issued an additional 60,000 shares of Class A Common Stock to EchoStar Communications Corporation's 401 (k) Employees' Savings Plan (the "Plan"). The number of shares reported in column 5 represents the total number of shares allocated to the reporting person's account through the Plan to date. The reporting person has dispositive, but no voting power with respect to the shares.

2. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on February 12, 1998.

3. Each portion of the option expires five years from the date on which that portion of the option first becomes exercisable.

4. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on December 22, 1996.

5. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on June 20, 1996.

6. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on March 31, 2000.

7. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on August 1, 1997.

8. The shares underlying the option, listed in column 5, vested at the rate of 20% per year, commencing on December 31, 1998.

9. A summary of the reporting person's current holdings is provided below.

	Mark W. Jackson	05/14/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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