Joseph A. Verbrugge - Feb 24, 2023 Form 4 Insider Report for SIRIUS XM HOLDINGS INC. (SIRI)

Signature
/s/Patrick L. Donnelly, attorney in fact
Stock symbol
SIRI
Transactions as of
Feb 24, 2023
Transactions value $
-$3,622
Form type
4
Date filed
2/27/2023, 03:13 PM
Previous filing
Feb 10, 2023
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIRI Common Stock Award $0 +2.7K +0.61% $0.00 445K Feb 24, 2023 Direct F1
transaction SIRI Common Stock Tax liability -$3.62K -825 -0.19% $4.39 444K Feb 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 24, 2023, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.0242 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, February 9, 2023. 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.
F2 Represents the surrender of common stock to the Company to cover withholding taxes upon the vesting of restricted stock units and related dividends.