SEC Form 4 · accession 0001225208-17-005876
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Arthur Cady
Officer — EVP, Product and Operations
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 4:12 pm EST
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 | Mar 7, 2017 | M | 1,377,620 | $3.61 | A | 1,796,752 | D | |
| Common StockF1 | Mar 7, 2017 | S | 277,241 | $5.1316 | D | 1,519,511 | D | |
| Common StockF2 | Mar 7, 2017 | F | 1,177,421 | $5.14 | D | 342,090 | D |
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) | $3.61 | Mar 7, 2017 | M | 1,377,620 | D | Feb 23, 2017 | Feb 23, 2026 | Common Stock | 1,377,620 | 2,755,238 | D |
Explanation of responses
- F1Represents the weighted average sales price for the price increments ranging from $5.13 to $5.1350. 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.