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Prospectus Supplement No. 6 (To Prospectus Supplement No. 5 dated August 19, 2010, Prospectus Supplement No. 4 dated March 18,
2010, Prospectus Supplement No. 3 dated December 11, 2009, Prospectus Supplement No. 2 dated April
7, 2009, Prospectus Supplement No. 1 dated January 7, 2009 and Prospectus Supplement dated October
28, 2008 to Prospectus dated July 25, 2008) |
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Pursuant to Rule 424(b)(7)
Registration File No. 333-152548 |
Sirius XM Radio Inc.
COMMON STOCK
This prospectus supplement relates to the resale from time to time by selling stockholders of
shares of our common stock that we may issue to them upon the exchange of our 7% Exchangeable
Senior Subordinated Notes due 2014, which we refer to as the notes.
This prospectus supplement, which supplements the prospectus dated July 25, 2008, as
supplemented by the prospectus supplement dated October 28, 2008, the prospectus supplement dated
January 7, 2009, the prospectus supplement dated April 7, 2009, the prospectus supplement dated
December 11, 2009, the prospectus supplement dated March 18, 2010 and the prospectus supplement
dated August 19, 2010, contains information about certain selling stockholders.
Neither the Securities and Exchange Commission nor any state securities commission have
approved or disapproved these securities, or determined if this prospectus supplement or the
accompanying prospectus is truthful or complete. Any representation to the contrary is a criminal
offense.
May 13, 2011.
SELLING STOCKHOLDERS
We originally issued the notes to the initial purchasers in transactions exempt from the
registration requirements of the Securities Act. The initial purchasers resold the notes to persons
reasonably believed by the initial purchasers to be qualified institutional buyers within the
meaning of Rule 144A under the Securities Act in transactions exempt from registration under the
Securities Act. The selling stockholders, including their transferees, pledgees or donees or their
successors, may from time to time offer and sell the shares of our common stock delivered upon the
exchange of the notes under this prospectus supplement pursuant to existing registration rights
conferred by the registration rights agreement dated as of August 1, 2008 among us and the initial
purchasers. Our registration of the shares of common stock issuable upon exchange of the notes does
not necessarily mean that the selling stockholders will sell all or any of the shares of common
stock.
The table of selling stockholders appearing under the caption Selling Stockholders beginning
on page S-8 of the prospectus supplement dated October 28, 2008, and the table of selling
stockholders appearing under the caption Selling Stockholders in prospectus supplement no. 1,
prospectus supplement no. 2, prospectus supplement no. 3, prospectus supplement no. 4 and
prospectus supplement no. 5 is hereby amended by replacing the information regarding certain
selling stockholders identified in the table entitled Revised Information Regarding Selling
Stockholders below with the information set forth in such table.
The following table sets forth certain information as of May 10, 2011 concerning the shares
of common stock that may be offered from time to time by each selling stockholder identified below
pursuant to this prospectus supplement. The information is based on information provided by or on
behalf of the selling stockholders.
Because the selling stockholders may offer all or some portion of the common stock, no
estimate can be given as to the amount of the shares of common stock that will be held by the
selling stockholders upon termination of any sales. Information about the selling stockholders may
change over time. In particular, the selling stockholders identified below may have sold,
transferred or otherwise disposed of all or a portion of their notes or common stock since the date
on which they provided to us information regarding their notes or common stock. Any changed or new
information given to us by the selling stockholders will be set forth in supplements to this
prospectus supplement or amendments to the registration statement of which this prospectus
supplement is a part, if and when necessary.
Except as set forth in the table, none of the selling stockholders identified below nor any of
their affiliates, officers, directors or principal equity holders (5% or more) has held any
position or office or has had any other material relationship with us (or our predecessors or
affiliates) during the past three years.
Revised Information Regarding Selling Stockholders
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Percentage of |
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Shares of Common Stock |
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Shares of Common |
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Number of Shares
of Common Stock |
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Outstanding Shares
of Common Stock |
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Beneficially Owned |
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Stock That May be |
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Beneficially Owned |
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Beneficially Owned |
Name(1) |
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Prior to Offering(2) |
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Offered Hereby(2) |
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After Offering(3) |
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After Offering(3) |
HBK Master Fund L.P.(4) |
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17,559,998 |
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17,559,998 |
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* |
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(*) |
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Less than one percent. |
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(1) |
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Information concerning other selling stockholders will be set forth in additional supplements
to the prospectus supplement from time to time, if required. |
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(2) |
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Assumes exchange of all of the selling stockholders notes at an exchange rate of 533.3333
shares of our common stock per $1,000 principal amount of the notes. This exchange rate is
subject to certain adjustments. As a result, the number of shares of common stock issuable
upon exchange of the notes may increase or decrease in the future. Under the terms of the
indenture governing the notes, fractional shares will not be issued upon exchange of the
notes. Cash will be paid instead of fractional shares, if any. |
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(3) |
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Calculated based on Rule 13d-3(d)(i) of the Exchange Act, using 3,946,383,454 shares of
common stock outstanding as of April 29, 2011 (including 202,399,983 shares of common stock
issued and lent to affiliates of the initial purchasers of the notes in order to facilitate
hedging transactions). In calculating this amount for each stockholder, we treated as
outstanding the number of shares of common stock issuable upon exchange of that stockholders
notes, but we did not assume exchange of any other stockholders notes. |
S-1
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The beneficial ownership in this column assumes that the selling stockholder sells all of
the shares offered by this prospectus supplement issuable upon the exchange of the notes
that are beneficially owned by the selling stockholder as of the date of this prospectus
supplement, and that any other shares of common stock owned by the selling stockholder as of
the date of this prospectus supplement will continue to be beneficially owned by the selling
stockholder. |
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(4) |
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HBK Investments L.P., a Delaware limited partnership, has shared voting and dispositive power
over the shares pursuant to an Investment Management Agreement between HBK Investments L.P.
and the selling stockholder. HBK Investments L.P. has delegated discretion to vote and dispose
of the shares to HBK Services LLC. The following individuals may be deemed to have control
over HBK Investments L.P.: Jamiel A. Akhtar, Richard L. Booth, David C. Haley, and William E.
Rose. |
Only selling stockholders identified above, or in previous prospectus supplements, who
beneficially own the shares of common stock may sell such securities under the registration
statement. Prior to any use of this prospectus supplement in connection with an offering of shares
of our common stock by any stockholder not identified above, this prospectus supplement will be
supplemented to set forth the name and other information about the selling stockholder intending to
sell such shares of common stock. The prospectus supplement will also disclose whether any selling
stockholder or any of its affiliates, officers, directors or principal equity holders (5% or more)
has held any position or office or has had any other material relationship with us (or our
predecessors or affiliates) during the past three years.
S-2