Form 4/A for SIRI SIRIUS XM HOLDINGS INC.
Accepted 2024-09-30 00:00:00 ET · period of report 2024-09-09 · accession 0001225208-24-008881 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AI | 2024-09-30 | 2024-09-09 | SIRI | MALONE EVAN DANIEL | Dir | A - Grant | $0.00 | +62.1K | 62.1K | New | $0 |
| A | 2024-09-30 | 2024-09-09 | SIRI | MALONE EVAN DANIEL | Dir | D - Sale to Iss | $0.00 | -305.0K | 70.0K | -81% | $0 |
| A | 2024-09-30 | 2024-09-09 | SIRI | MALONE EVAN DANIEL | Dir | A - Grant | $0.00 | +30.5K | 375.0K | +9% | $0 |
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 | 62,088 | $0.00 | 62,088 | I | — | — | (F4) Represents an acquisition of common stock of 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 Merger pursuant to the Merger Agreement. (F5) Represents the number of shares of common stock beneficially owned following the transactions described herein. |
| 2 | Common | Common Stock | 2024-09-09 | D | D | 304,992 | $0.00 | 70,016 | D | — | — | (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) Represents the number of shares of common stock beneficially owned following the transactions described herein |
| 3 | Common | Common Stock | 2024-09-09 | A | A | 30,497 | $0.00 | 375,008 | 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) Amount also includes, 101,608 shares of common stock of New Sirius XM received in connection with the Merger resulting from the redemption of Liberty Media Corporation's Series A Liberty SiriusXM common stock, par value $0.01 per share, Series B Liberty SiriusXM common stock, par value $0.01 per share and 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. |