Scott Andrew Greenstein - May 24, 2023 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, 2023
Transactions value $
-$276,332
Form type
4
Date filed
5/25/2023, 04:26 PM
Previous filing
Feb 27, 2023
Next filing
Aug 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIRI Common Stock Award $0 +178K +11.86% $0.00 1.68M May 24, 2023 Direct
transaction SIRI Common Stock Award $0 +2.24K +0.13% $0.00 1.68M May 24, 2023 Direct F1
transaction SIRI Common Stock Tax liability -$1.73K -490 -0.03% $3.53 1.68M May 24, 2023 Direct F2
transaction SIRI Common Stock Tax liability -$275K -77.8K -4.63% $3.53 1.6M May 24, 2023 Direct F3
holding SIRI Common Stock 80.5K May 24, 2023 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 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, May 5, 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 dividends.
F3 Represents the surrender of common stock to the Company to cover withholding taxes upon the vesting of restricted stock units and related dividends.