SEC Form 4 · accession 0001225208-18-010800
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dara F Altman
Officer — EVP & Chief Admin. Officer
Period of report
Jun 19, 2018
Accepted (ET)
Jun 20, 2018 · 4:12 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 | Jun 19, 2018 | M | 1,700,320 | $3.87 | A | 2,010,556 | D | |
| Common StockF1 | Jun 19, 2018 | F | 63,916 | $7.64 | D | 1,946,640 | D | |
| Common StockF2 | Jun 19, 2018 | S | 387,696 | $7.4915 | D | 1,558,944 | D | |
| Common StockF3 | Jun 19, 2018 | F | 1,312,624 | $7.55 | D | 246,320 | D | |
| Common Stock | holding | — | — | — | 55,441 | 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) | $3.87 | Jun 19, 2018 | M | 1,700,320 | D | Jun 19, 2016 | Jun 19, 2025 | Common Stock | 1,700,320 | 0 | 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 $7.45 to $7.5550. 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.