SEC Form 4 · accession 0001225208-18-004110
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
Feb 23, 2018
Accepted (ET)
Feb 26, 2018 · 4:14 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 | Feb 23, 2018 | M | 1,377,619 | $3.61 | A | 1,745,586 | D | |
| Common StockF1 | Feb 23, 2018 | F | 45,370 | $6.15 | D | 1,700,216 | D | |
| Common StockF2 | Feb 23, 2018 | S | 306,400 | $6.1923 | D | 1,393,816 | D | |
| Common StockF3 | Feb 23, 2018 | F | 1,082,363 | $6.19 | D | 311,453 | 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 | Feb 23, 2018 | M | 1,377,619 | D | Feb 23, 2017 | Feb 23, 2026 | Common Stock | 1,377,619 | 1,377,619 | D |
Explanation of responses
- F1Represents the surrender of common stock to the Company to cover withholding taxes upon the vesting of restricted stock units.
- F2Represents the weighted average sales price for the price increments ranging from $6.18 to $6.20. 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.
- F3Represents 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.