Scott Andrew Greenstein - May 24, 2022 Form 4 Insider Report for SIRIUS XM HOLDINGS INC. (SIRI)

Role
Pres. & Chief Content Officer
Signature
/s/Patrick L. Donnelly, attorney in fact
Stock symbol
SIRI
Transactions as of
May 24, 2022
Transactions value $
-$5,135,654
Form type
4
Date filed
5/26/2022, 04:12 PM
Previous filing
Mar 1, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIRI Common Stock Tax liability -$5.12M -821K -35.5% $6.23 1.49M May 24, 2022 Direct F1
transaction SIRI Common Stock Award $0 +7.17K +0.48% $0.00 1.5M May 25, 2022 Direct F2
transaction SIRI Common Stock Tax liability -$17.8K -2.87K -0.19% $6.19 1.5M May 26, 2022 Direct F3
holding SIRI Common Stock 79.3K May 24, 2022 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the surrender of common stock to the Company to cover withholding taxes upon the vesting of restricted stock units and related dividends.
F2 On May 25, 2022, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.0219615 per share on each share of its outstanding common stock. The dividend was payable to all holders of Sirius XM's common stock on the record date, May 6, 2022. Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
F3 Represents the surrender of common stock to the Company to cover withholding taxes upon the vesting of restricted stock units received as a result of dividends.