SEC Form 4 · accession 0001225208-18-012006
SIRIUS XM HOLDINGS INC. · (SIRI)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Cook
Officer — EVP, Sales and Automotive
Period of report
Jul 26, 2018
Accepted (ET)
Jul 30, 2018 · 4:05 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 | Jul 26, 2018 | M | 750,000 | $1.64 | A | 1,988,300 | D | |
| Common StockF1 | Jul 26, 2018 | S | 100,000 | $7.2544 | D | 1,888,300 | D | |
| Common StockF2 | Jul 26, 2018 | F | 144,661 | $7.25 | D | 1,743,639 | D | |
| Common StockF2 | Jul 26, 2018 | F | 289,837 | $7.19 | D | 1,453,802 | D | |
| Common StockF3 | Jul 26, 2018 | S | 315,502 | $7.1825 | D | 1,138,300 | D | |
| Common Stock | holding | — | — | — | 11,016 | 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) | $1.64 | Jul 26, 2018 | M | 750,000 | D | Aug 23, 2012 | Aug 23, 2021 | Common Stock | 750,000 | 100,000 | D |
Explanation of responses
- F1Represents the weighted average sales price for the price increments ranging from $7.25 to $7.26. 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.
- F2Represents 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.
- F3Represents the weighted average sales price for the price increments ranging from $7.14 to $7.25. 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.