| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | (SIRI) | Common Stock | Award | $0 | +30.5K | +7.5% | $0.00 | 437K | Sep 9, 2024 | Direct | F1, F2 |
| transaction | (SIRI) | Common Stock | Disposed to Issuer | $0 | -305K | -69.78% | $0.00 | 132K | Sep 9, 2024 | Direct | F1, F3 |
| 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) | Disposed to Issuer | -36.6K | -100% | 0 | Sep 9, 2024 | Common Stock | 36.6K | $4.61 | Direct | F4 | ||
| transaction | (SIRI) | Stock Option (Right to Buy) | Disposed to Issuer | -76.1K | -100% | 0 | Sep 9, 2024 | Common Stock | 76.1K | $3.65 | Direct | F4 | ||
| transaction | (SIRI) | Stock Option (Right to Buy) | Disposed to Issuer | -79.5K | -100% | 0 | Sep 9, 2024 | Common Stock | 79.5K | $3.71 | Direct | F4 | ||
| transaction | (SIRI) | Stock Option (Right to Buy) | Disposed to Issuer | -24.7K | -100% | 0 | Sep 9, 2024 | Common Stock | 24.7K | $6.81 | Direct | F4 | ||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +3.66K | 3.66K | Sep 9, 2024 | Common Stock | 3.66K | $46.10 | Direct | F4 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +7.61K | 7.61K | Sep 9, 2024 | Common Stock | 7.61K | $36.50 | Direct | F4 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +7.95K | 7.95K | Sep 9, 2024 | Common Stock | 7.95K | $37.10 | Direct | F4 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +2.47K | 2.47K | Sep 9, 2024 | Common Stock | 2.47K | $68.10 | Direct | F4 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +5.2K | 5.2K | Sep 9, 2024 | Common Stock | 5.2K | $33.00 | Direct | F5 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +3.64K | 3.64K | Sep 9, 2024 | Common Stock | 3.64K | $41.74 | Direct | F5 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +5.24K | 5.24K | Sep 9, 2024 | Common Stock | 5.24K | $39.72 | Direct | F5 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +4.81K | 4.81K | Sep 9, 2024 | Common Stock | 4.81K | $35.38 | Direct | F5 | |||
| transaction | (SIRI) | Stock Option (Right to Buy) | Award | +5.38K | 5.38K | Sep 9, 2024 | Common Stock | 5.38K | $35.80 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | Represents disposition of common stock of Sirius XM Holdings Inc. ("Old Sirius XM") and acquisition of common stock of Liberty Sirius XM Holdings Inc. ("New Sirius XM") at an exchange rate of ten (10) shares of Old Sirius XM common stock to one (1) New Sirius XM share of common stock, rounded down to the nearest whole share, in connection with the September 9, 2024 merger of Radio Merger Sub, LLC with and into Old Sirius XM, with Old Sirius XM continuing as the surviving company (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of December 11, 2023, as amended (the "Merger Agreement"). Includes the disposition of restricted stock units associated with shares of common stock of Old Sirius XM and acquisition of restricted stock units associated with shares of common stock of New Sirius XM in connection with the Merger. Following the closing of the Merger, New Sirius XM changed its name to Sirius XM Holdings Inc and Old Sirius XM changed its name to Sirius XM Inc. |
| F2 | Amount also includes 101,608 shares of common stock of New Sirius XM received in connection with the Merger resulting from the redemption of Liberty Media Corporation's Series A Liberty SiriusXM common stock, par value $0.01 per share, Series B Liberty SiriusXM common stock, par value $0.01 per share and Series C Liberty SiriusXM common stock, par value $0.01 per share in exchange for 0.83750 (the "Exchange Ratio") shares of New Sirius XM common stock. |
| F3 | Represents the number of shares of common stock beneficially owned following the transactions described herein. |
| F4 | Disposition of options to acquire shares of common stock of Old Sirius XM outstanding prior to the closing of the Merger and the acquisition of options to acquire shares of common stock of New Sirius XM in connection with the Merger. Each ten (10) options to acquire shares of common stock of Old Sirius XM resulted in the issuance of one (1) option to acquire shares of common stock of New Sirius XM, rounded down to the nearest whole option. |
| F5 | In connection with the Redemption, all option awards held by the reporting person related to Liberty SiriusXM common stock (each, an "LSXM Award") were converted into option awards of New Sirius XM. The number of shares of New Sirius XM common stock subject to such option award was determined to be the product of (x) the Exchange Ratio multiplied by (y) the number of shares of Liberty SiriusXM common stock subject to the LSXM Award, with the result rounded down to the nearest whole share of New Sirius XM common stock. Similarly, the per share exercise price of such option award was determined to be the quotient of (x) the exercise price per share of the LSXM Award divided by (y) the Exchange Ratio, with the result rounded up to the nearest whole cent. These adjustments were approved by New Sirius XM's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. Each LSXM Award vested and became exercisable upon the effective time of the Merger. |