SEC Form 4 · accession 0001225208-17-013069
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Cook
Officer — EVP, Sales and Automotive
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 4:15 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 28, 2017 | M | 308,000 | $0.6235 | A | 1,628,833 | D | |
| Common StockF1 | Jul 28, 2017 | S | 142,568 | $5.80 | D | 1,486,265 | D | |
| Common StockF2 | Jul 28, 2017 | F | 165,432 | $5.81 | D | 1,320,833 | D | |
| Common Stock | holding | — | — | — | 10,938 | 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) | $0.6235 | Jul 28, 2017 | M | 308,000 | D | Aug 31, 2010 | Aug 31, 2019 | Common Stock | 308,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average sales price for the price increments ranging from $5.80 to $5.8050. 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.