XM SATELLITE RADIO HOLDINGS INC 4
4 · XM SATELLITE RADIO HOLDINGS INC · Filed Aug 9, 2004
Insider Transaction Report
Form 4
PARSONS GARY
DirectorChairman
Transactions
- Award
Employee Stock Option (right to buy)
2004-08-06+750,000→ 750,000 totalExercise: $24.43Exp: 2014-08-06→ Class A Common Stock (750,000 underlying)
Footnotes (1)
- [F1]The stock option vests in three equal annual installments beginning on August 6, 2005. For seven years following the date of grant, shares issued upon exercise of this option may not be sold at any time that the current trading price of the Class A Common Stock does not represent at least a 10% increase over the exercise price.