|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 6.11 | 02/01/2018 | A | 317,025 (5) | 02/01/2019 | 02/01/2028 | Common Stock | 317,025 | $ 6.11 | 317,025 | D | ||||
Stock Option (Right to Buy) | $ 3.3699 | 02/01/2018 | M | 340,330 | 08/05/2015 | 08/05/2024 | Common Stock | 340,330 | $ 3.3699 | 170,165 | D | ||||
Stock Option (Right to Buy) | $ 3.61 | 02/01/2018 | M | 108,580 | 08/19/2014 | 08/18/2023 | Common Stock | 108,580 | $ 3.61 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BARRY THOMAS D 1290 AVENUE OF THE AMERICAS NEW YORK, NY 10104 |
Senior VP & Controller |
/s/Patrick L. Donnelly, attorney in fact | 02/05/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares of common stock underlying an August 5, 2016 grant of performance-based restricted stock units upon the satisfaction of the applicable performance criteria. Such performance-based restricted stock units shall vest on August 5, 2019, subject to the reporting person's continuing employment with Sirius XM. |
(2) | Approximately one-third of restricted stock units will vest on each of 2/1/19, 2/1/20 and 2/1/21. |
(3) | Represents the weighted average sales price for the price increments ranging from $6.10 to $6.12. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
(4) | Represents the exercise price of the stock option referenced in Table II and associated taxes which was paid by way of the withholding by the Company of shares with a value equal to the exercise price and such taxes. |
(5) | Approximately one-third of options will vest on each of 2/1/19; 2/1/20 and 2/1/21. |