SEC Form 4 · accession 0001225208-18-009987
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan Lordi Amble
Director
Period of report
May 30, 2018
Accepted (ET)
May 31, 2018 · 4:23 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 | May 30, 2018 | M | 50,000 | $0.09 | A | 76,174 | D | |
| Common StockF1 | May 30, 2018 | F | 636 | $7.08 | D | 75,538 | D | |
| Common StockF2 | May 30, 2018 | S | 49,364 | $7.0812 | D | 26,174 | D | |
| Common StockF3 | May 31, 2018 | A | 23 | $0.00 | A | 26,197 | 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) | $0.09 | May 30, 2018 | M | 50,000 | D | Dec 18, 2009 | Dec 18, 2018 | Common Stock | 50,000 | 125,000 | D |
Explanation of responses
- F1Represents the exercise price of the stock option referenced in Table II which was paid by way of the withholding by the Company of shares with a value equal to the exercise price.
- F2Represents the weighted average sales price for the price increments ranging from $7.08 to $7.085. 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.
- F3On May 31, 2018, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.011 per share on each share of its outstanding common stock. The dividend was payable to all holders of Sirius XM's common stock on the record date, May 10, 2018. Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.