SEC Form 4 · accession 0001225208-18-002148
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer C Witz
Officer — EVP, Chief Marketing Officer
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 4:16 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 StockF1 | Feb 1, 2018 | A | 302,694 | $0.00 | A | 594,559 | D | |
| Common StockF2 | Feb 1, 2018 | A | 102,291 | $0.00 | A | 696,850 | D | |
| Common Stock | holding | — | — | — | 12,601 | 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)F3 | $6.11 | Feb 1, 2018 | A | 566,097 | A | Feb 1, 2019 | Feb 1, 2028 | Common Stock | 566,097 | 566,097 | D |
Explanation of responses
- F1Represents shares of common stock underlying an August 5, 2016 grant of performance-based restricted stock units, including related dividend equivalent units, upon the satisfaction of the applicable performance criteria. Such performance-based restricted stock units shall vest on August 5, 2019, subject to the reporting person's continuing employment with Sirius XM.
- F2Approximately one-third of restricted stock units will vest on each of 2/1/19, 2/1/20 and 2/1/21.
- F3Approximately one-third of options will vest on each of 2/1/19; 2/1/20 and 2/1/21.