-
Signature
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/s/ Katherine C. Jewell as Attorney-in-Fact for Robert R. Bennett
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Stock symbol
-
LSXMA
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Transactions as of
-
Aug 23, 2024
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Transactions value $
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$0
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Form type
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4
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Date filed
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8/26/2024, 05:24 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
LSXMA |
Series C Liberty SiriusXM Common Stock |
Options Exercise |
$0 |
+1.6K |
+20.18% |
$0.00 |
9.5K |
Aug 23, 2024 |
Direct |
F1, F2 |
holding |
LSXMA |
Series C Liberty SiriusXM Common Stock |
|
|
|
|
|
43.2K |
Aug 23, 2024 |
By Hilltop Investments, LLC |
|
holding |
LSXMA |
Series C Liberty SiriusXM Common Stock |
|
|
|
|
|
882 |
Aug 23, 2024 |
Deborah Bennett Revocable Trust |
F3 |
holding |
LSXMA |
Series C Liberty SiriusXM Common Stock |
|
|
|
|
|
1.53M |
Aug 23, 2024 |
Hilltop Investments III, LLC |
F2 |
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 |
LSXMA |
Restricted Stock Units-LSXMK |
Options Exercise |
$0 |
-1.6K |
-100% |
$0.00 |
0 |
Aug 23, 2024 |
Series C Liberty SiriusXM Common Stock |
1.6K |
|
Direct |
F4, F5 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
Remarks:
To effect the Transaction, on September 9, 2024, the Issuer expects to contribute all of the assets and liabilities of the Liberty SiriusXM Group to Liberty Sirius XM Holdings Inc. ("New Sirius") and to redeem each share of its Series A Liberty SiriusXM common stock ("LSXMA"), Series B Liberty SiriusXM common stock ("LSXMB") and LSXMK for a fraction of a share of common stock of New Sirius equal to the Exchange Ratio (as defined in that certain Reorganization Agreement, dated as of December 11, 2023, by and among Issuer, New Sirius and Sirius XM Holdings Inc., as amended from time to time (the "Reorganization Agreement")), with no shares of LSXMA, LSXMB or LSXMK remaining outstanding and with cash (without interest) paid in lieu of any fractional shares of common stock of New Sirius, after aggregating all shares of common stock of New Sirius issuable by series of LSXMA, LSXMB and LSXMK. As a result of effecting the foregoing Transaction, New Sirius will be split-off from the Issuer and the Issuer will cease to have an equity interest in New Sirius.