Greenstein Scott Andrew's Form 4 filing
Sirius XM Holdings Inc. (SIRI) · filed Aug 1, 2022
- Accession no.
- 0001225208-22-009091
- Filed
- Aug 1, 2022
- Trade date
- Jul 29, 2022
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $7.12M. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Greenstein Scott AndrewCIK 0001289201 | Officer (Pres. & Chief Content Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 29, 2022 | Common Stock | MOption exerciseAcquired | +3,601,867 | $3.71 | +$13,362,926.57 | 5,098,967 | Direct | |
| Jul 29, 2022 | Common Stock | MOption exerciseAcquired | +3,180,872 | $5.26 | +$16,731,386.72 | 8,279,839 | Direct | |
| Jul 29, 2022 | Common Stock | SSaleDisposed | −197,809 | $6.66F1 | −$1,317,407.94 | 8,082,030 | Direct | |
| Jul 29, 2022 | Common Stock | SSaleDisposed | −883,561 | $6.57F2 | −$5,804,995.77 | 7,198,469 | Direct | |
| Jul 29, 2022 | Common Stock | FTax withholdingDisposed | −5,701,369 | $6.58F3 | −$37,515,008.02 | 1,497,100 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 29, 2022 | Common Stock | MOption exerciseDisposed | −3,601,867 | $3.71 | −$13,362,926.57 | 0 | Direct | |
| Jul 29, 2022 | Common Stock | MOption exerciseDisposed | −3,180,872 | $5.26 | −$16,731,386.72 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the weighted average sales price for the price increments ranging from $6.64 to $6.68. 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.
Referenced by the price of 1 transaction in Table I.
- F2
Represents the weighted average sales price for the price increments ranging from $6.50 to $6.70. 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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
Referenced by the price of 1 transaction in Table I.