Scott Andrew Greenstein - Jul 29, 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
Jul 29, 2022
Transactions value $
-$44,635,157
Form type
4
Date filed
8/1/2022, 04:10 PM
Previous filing
May 26, 2022
Next filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIRI Common Stock Options Exercise $13.4M +3.6M +240.59% $3.71 5.1M Jul 29, 2022 Direct
transaction SIRI Common Stock Options Exercise $16.7M +3.18M +62.38% $5.26 8.28M Jul 29, 2022 Direct
transaction SIRI Common Stock Sale -$1.32M -198K -2.39% $6.66 8.08M Jul 29, 2022 Direct F1
transaction SIRI Common Stock Sale -$5.8M -884K -10.93% $6.57 7.2M Jul 29, 2022 Direct F2
transaction SIRI Common Stock Tax liability -$37.5M -5.7M -79.2% $6.58 1.5M Jul 29, 2022 Direct F3
holding SIRI Common Stock 79.3K Jul 29, 2022 By 401(k) Plan

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 -$13.4M -3.6M -100% $3.71 0 Jul 29, 2022 Common Stock 3.6M $3.71 Direct
transaction SIRI Stock Option (Right to Buy) Options Exercise -$16.7M -3.18M -100% $5.26 0 Jul 29, 2022 Common Stock 3.18M $5.26 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 $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.
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.
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.