SEC Form 4 · accession 0001225208-18-010066
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vanessa Ames Wittman
Director
Period of report
May 31, 2018
Accepted (ET)
Jun 1, 2018 · 6:41 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 31, 2018 | M | 57,075 | $3.90 | A | 83,249 | D | |
| Common Stock | May 31, 2018 | M | 20,000 | $3.96 | A | 103,249 | D | |
| Common Stock | May 31, 2018 | M | 15,408 | $3.155 | A | 118,657 | D | |
| Common StockF1 | May 31, 2018 | A | 23 | $0.00 | A | 118,680 | D | |
| Common Stock | May 31, 2018 | S | 43,405 | $7.14 | D | 75,275 | D | |
| Common StockF2 | May 31, 2018 | F | 49,078 | $7.14 | D | 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) | $3.155 | May 31, 2018 | M | 15,408 | D | May 20, 2015 | May 20, 2024 | Common Stock | 15,408 | 0 | D |
| Stock Option (Right to Buy) | $3.90 | May 31, 2018 | M | 57,075 | D | May 20, 2016 | May 20, 2025 | Common Stock | 57,075 | 19,025 | D |
| Stock Option (Right to Buy) | $3.96 | May 31, 2018 | M | 20,000 | D | May 25, 2017 | May 25, 2026 | Common Stock | 20,000 | 59,500 | D |
Explanation of responses
- F1On 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.
- F2Represents 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.