Scott Andrew Greenstein - May 29, 2024 Form 4 Insider Report for SIRIUS XM HOLDINGS INC. ((SIRI))

Signature
/s/Patrick L. Donnelly, attorney in fact
Stock symbol
(SIRI)
Transactions as of
May 29, 2024
Transactions value $
$30,084,482
Form type
4
Date filed
5/30/2024, 06:54 PM
Previous filing
May 24, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction (SIRI) Common Stock Award $0 +6.93K +0.37% $0.00 1.89M May 29, 2024 Direct F1
transaction (SIRI) Common Stock Award $0 +550K +29.13% $0.00 2.44M May 29, 2024 Direct F2
transaction (SIRI) Common Stock Tax liability -$8.29K -3K -0.12% $2.76 2.44M May 29, 2024 Direct
holding (SIRI) Common Stock 82.3K May 29, 2024 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) Award $30.1M +11M $2.74 11M May 29, 2024 Common Stock 11M $2.74 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 29, 2024, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.0266 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 10, 2024. 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 One-third of restricted stock units will vest on each of 5/26/25; 5/25/26 and 5/24/27.
F3 Approximately one-third of options will vest on each of 5/26/25; 5/25/26 and 5/24/27.