SEC Form 4 · accession 0001225208-16-037105
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dara F Altman
Officer — EVP & Chief Admin. Officer
Period of report
Jul 27, 2016
Accepted (ET)
Jul 28, 2016 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000908937
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 27, 2016 | M | 1,875,000 | $1.64 | A | 2,164,187 | D | |
| Common StockF1 | Jul 27, 2016 | S | 514,625 | $4.3635 | D | 1,649,562 | D | |
| Common StockF2 | Jul 27, 2016 | F | 1,360,375 | $4.33 | D | 289,187 | D | |
| Common Stock | holding | — | — | — | 54,089 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $1.64 | Jul 27, 2016 | M | 1,875,000 | D | Aug 23, 2012 | Aug 23, 2021 | Common Stock | 1,875,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average sales price for the price increments ranging from $4.32 to $4.39. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2Represents the exercise price of the stock option referenced in Table II and associated taxes which was paid by way of the withholding by the Company of shares with a value equal to the exercise price and such taxes.