JAMES E. MEYER - 09 Jun 2021 Form 4 Insider Report for SIRIUS XM HOLDINGS INC. (SIRI)

Role
Director
Signature
/s/Patrick L. Donnelly, attorney in fact
Issuer symbol
SIRI
Transactions as of
09 Jun 2021
Net transactions value
-$17,967,018
Form type
4
Filing time
11 Jun 2021, 16:01:30 UTC
Previous filing
07 Jun 2021
Next filing
31 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIRI Common Stock Options Exercise $9,750,000 +2,500,000 +138% $3.90 4,312,243 09 Jun 2021 Direct
transaction SIRI Common Stock Sale $4,164,749 -585,677 -14% $7.11 3,726,566 09 Jun 2021 Direct F1
transaction SIRI Common Stock Tax liability $13,802,269 -1,914,323 -51% $7.21 1,812,243 09 Jun 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SIRI Stock Option (Right to Buy) Options Exercise $9,750,000 -2,500,000 -40% $3.90 3,779,313 09 Jun 2021 Common Stock 2,500,000 $3.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price for the price increments ranging from $7.01 to $7.16. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 Represents the exercise price of the stock option referenced in Table II and associated taxes which was paid by way of the withholding by the Company of shares with a value equal to the exercise price and such taxes.