4//SEC Filing
Inzerillo Joseph A 4
Accession 0001225208-24-008618
CIK 0000908937other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 8:42 PM ET
Size
12.2 KB
Accession
0001225208-24-008618
Insider Transaction Report
Form 4
SIRIUS XM HOLDINGS INC.(SIRI)
Inzerillo Joseph A
Chief Product & Tech. Officer
Transactions
- Award
Common Stock
2024-09-09+76,041→ 836,469 total - Award
Stock Option (Right to Buy)
2024-09-09+142,586→ 142,586 totalExercise: $64.30From: 2024-09-09Exp: 2032-02-02→ Common Stock (142,586 underlying) - Disposition to Issuer
Common Stock
2024-09-09−760,428→ 76,041 total - Disposition to Issuer
Stock Option (Right to Buy)
2024-09-09−1,425,861→ 0 totalExercise: $6.43From: 2023-02-02Exp: 2032-02-02→ Common Stock (1,425,861 underlying)
Footnotes (4)
- [F1]Represents disposition of common stock of Sirius XM Holdings Inc. ("Old Sirius XM") and acquisition of common stock of Liberty Sirius XM Holdings Inc. ("New Sirius XM") at an exchange rate of ten (10) shares of Old Sirius XM common stock to one (1) New Sirius XM share of common stock, rounded down to the nearest whole share, in connection with the September 9, 2024 merger of Radio Merger Sub, LLC with and into Old Sirius XM, with Old Sirius XM continuing as the surviving company (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of December 11, 2023, as amended (the "Merger Agreement"). Includes the disposition of restricted stock units associated with shares of common stock of Old Sirius XM and acquisition of restricted stock units associated with shares of common stock of New Sirius XM in connection with the Merger. Following the closing of the Merger, New Sirius XM changed its name to Sirius XM Holdings Inc and Old Sirius XM changed its name to Sirius XM Inc.
- [F2]Represents the number of shares of common stock beneficially owned following the transactions described herein.
- [F3]Disposition of options to acquire shares of common stock of Old Sirius XM outstanding prior to the closing of the Merger and the acquisition of options to acquire shares of common stock of New Sirius XM in connection with the Merger. Each ten (10) options to acquire shares of common stock of Old Sirius XM resulted in the issuance of one (1) option to acquire shares of common stock of New Sirius XM, rounded down to the nearest whole option.
- [F4]47,530 will vest on 2/2/2025.
Documents
Issuer
SIRIUS XM HOLDINGS INC.
CIK 0000908937
Entity typeother
Related Parties
1- filerCIK 0001901333
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 8:42 PM ET
- Size
- 12.2 KB