Home/Filings/4/0001181431-07-006970
4//SEC Filing

XM SATELLITE RADIO HOLDINGS INC 4

Accession 0001181431-07-006970

CIK 0001091530operating

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 7:17 PM ET

Size

8.6 KB

Accession

0001181431-07-006970

Insider Transaction Report

Form 4
Period: 2007-01-26
Transactions
  • Conversion

    10% Senior Secured Convertible Notes due 2009

    2007-01-260 total
    Exercise: $2.96From: 2003-01-28Exp: 2009-12-31Class A Common Stock (10,455,687 underlying)
  • Exercise of In-Money

    Forward Sale Agreement (obligation to sell)

    2007-01-2610 total
    Exercise: $282303549.00From: 2007-01-26Exp: 2007-01-26Class A Common Stock (10,455,687 underlying)
Footnotes (1)
  • [F1]As of January 26, 2007, pursuant to the obligation of the Reporting Person under a forward sale agreement (the "Forward Sale Agreement") entered into in May 2005 relating to $33,249,084 in principal amount as of December 31, 2005 and through maturity of the 10% Senior Secured Discount Convertible Notes due 2010 (the "Hedged Notes") of the Issuer, the Reporting Person sold the Hedged Notes to the counterparty on the Forward Sale Agreement. The Hedged Notes were convertible into 10,455,687 shares of the Issuer's Class A Common Stock. Under the terms of the Forward Sale Agreement, the Reporting Person received from the counterparty, as payment for the Hedged Notes, a purchase price equal to $27 per share for each of the 10,455,687 shares of the Issuer's Class A Common Stock underlying the Hedged Notes, or $282,303,549 in aggregate.

Issuer

XM SATELLITE RADIO HOLDINGS INC

CIK 0001091530

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001091530

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 7:17 PM ET
Size
8.6 KB