Form 4 for SIRI SIRIUS XM HOLDINGS INC.
Accepted 2024-09-11 00:00:00 ET · period of report 2024-09-09 · accession 0001225208-24-008610 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | A - Grant | $0.00 | +11.6K | 281.2K | +4% | $0 |
| D | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | D - Sale to Iss | $0.00 | -269.6K | 11.6K | -96% | $0 |
| DI | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | D - Sale to Iss | $0.00 | -17.2K | 17.1K | -50% | $0 |
| DI | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | A - Grant | $0.00 | +17.0K | 34.3K | +99% | $0 |
| DM | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | D - Sale to Iss | — | -216.9K | 0 | -100% | — |
| DM | 2024-09-11 | 2024-09-09 | SIRI | HARTENSTEIN EDDY W | Dir | A - Grant | — | +21.7K | 3,660 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-09-09 | A | A | 11,640 | $0.00 | 281,233 | D By Trust | — | — | (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. |
| 2 | Common | Common Stock | 2024-09-09 | D | D | 269,593 | $0.00 | 11,640 | D By Trust | — | — | (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. |
| 3 | Common | Common Stock | 2024-09-09 | D | D | 17,208 | $0.00 | 17,054 | I | — | — | (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. |
| 4 | Common | Common Stock | 2024-09-09 | A | A | 17,038 | $0.00 | 34,262 | I | — | — | (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. (F3) Amount also includes 16 shares of common stock of New Sirius XM received in connection with the Merger resulting from the redemption of Liberty Media Corporation's Series C Liberty SiriusXM common stock, par value $0.01 per share in exchange for 0.83750 (the "Exchange Ratio") shares of New Sirius XM common stock. |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | D | D | 36,600 | — | 0 | D | $4.61 · 2018-05-19 to 2027-05-19 | 36,600 Common Stock | (F4) 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. |
| 6 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | A | A | 2,470 | — | 2,470 | D | $68.10 · 2024-09-09 to 2028-06-05 | 2,470 Common Stock | (F4) 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. |
| 7 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | A | A | 7,950 | — | 7,950 | D | $37.10 · 2024-09-09 to 2026-05-25 | 7,950 Common Stock | (F4) 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. |
| 8 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | A | A | 7,610 | — | 7,610 | D | $36.50 · 2024-09-09 to 2025-05-20 | 7,610 Common Stock | (F4) 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. |
| 9 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | D | D | 76,100 | — | 0 | D | $3.65 · 2016-05-20 to 2025-05-20 | 76,100 Common Stock | (F4) 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. |
| 10 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | D | D | 79,500 | — | 0 | D | $3.71 · 2017-05-25 to 2026-05-25 | 79,500 Common Stock | (F4) 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. |
| 11 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | D | D | 24,700 | — | 0 | D | $6.81 · 2019-06-05 to 2028-06-05 | 24,700 Common Stock | (F4) 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. |
| 12 | Derivative | Stock Option (Right to Buy) | 2024-09-09 | A | A | 3,660 | — | 3,660 | D | $46.10 · 2024-09-09 to 2027-05-19 | 3,660 Common Stock | (F4) 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. |