SEC Form 4 · accession 0001225208-18-009988
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl E Vogel
Director
Period of report
May 29, 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 29, 2018 | M | 76,795 | $1.91 | A | 102,969 | D | |
| Common Stock | May 29, 2018 | M | 59,905 | $2.275 | A | 162,874 | D | |
| Common Stock | May 29, 2018 | M | 49,059 | $3.515 | A | 211,933 | D | |
| Common StockF1 | May 29, 2018 | F | 65,243 | $6.98 | D | 146,690 | D | |
| Common StockF2 | May 31, 2018 | A | 23 | $0.00 | A | 146,713 | 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) | $3.515 | May 29, 2018 | M | 49,059 | D | May 22, 2014 | May 22, 2023 | Common Stock | 49,059 | 0 | D |
| Stock Option (Right to Buy) | $1.91 | May 29, 2018 | M | 76,795 | D | May 23, 2013 | May 23, 2022 | Common Stock | 76,795 | 0 | D |
| Stock Option (Right to Buy) | $2.275 | May 29, 2018 | M | 59,905 | D | May 26, 2012 | May 26, 2021 | Common Stock | 59,905 | 0 | D |
Explanation of responses
- F1Represents the exercise price of the stock options 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.
- F2On 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.