LAPLANTE JOSEPH 4
4 · SIRIUS SATELLITE RADIO INC · Filed Aug 12, 2003
Insider Transaction Report
Form 4
LAPLANTE JOSEPH
EVP, Programming
Transactions
- Award
Common Stock
2003-08-11+600,000→ 600,000 total - Award
Stock Option (Right to Buy)
2003-08-11+400,000→ 400,000 totalExercise: $1.04From: 2004-07-01Exp: 2013-08-11→ Common Stock (400,000 underlying) - Award
Stock Option (Right to Buy)
2003-08-11+1,000,000→ 1,000,000 totalExercise: $1.04From: 2004-03-15Exp: 2013-08-11→ Common Stock (1,000,000 underlying)
Holdings
- 2,000(indirect: By Significant Other)
Common Stock
Footnotes (3)
- [F1]Shares of restricted stock vest on July 1, 2008, subject to accelerated vesting on March 15, 2006 if certain performance criteria for the year ending December 31, 2005 are met.
- [F2]All options vest on July 1, 2008. Notwithstanding the foregoing, options to purchase 400,000 shares will vest on March 15, 2004 if certain performance criteria for the year ending December 31, 2003 are met, and options to purchase 600,000 shares will vest on March 15, 2005 if certain performance criteria for the year ending December 31, 2004 are met.
- [F3]Options vest as follows: 133,333- 7/1/2004; 133,333- 7/1/2005 and 133,334- 7/1/2006.