Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2015

Compensation And Retirement Disclosure [Abstract]

Fair value of options granted to employees and members of our board of directors

The following table summarizes the weighted-average assumptions used to compute the fair value of options granted to employees and members of our board of directors:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2015		2014		2015		2014
Risk-free interest rate		1.3%		1.6%		1.3%		1.3%
Expected life of options — years	3.83		4.78		3.83		4.11
Expected stock price volatility		26%		40%		26%		36%
Expected dividend yield		0%		0%		0%		0%

Stock options activity under share-based payment plans

The following table summarizes stock option activity under our share-based plans for the six months ended June 30, 2015:

	Options			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding as of December 31, 2014		267,854		$	2.72
Granted		6,242		$	3.88
Exercised		(18,672	)	$	1.66
Forfeited, cancelled or expired		(5,474	)	$	5.09
Outstanding as of June 30, 2015		249,950		$	2.77		6.83	$	256,819
Exercisable as of June 30, 2015		101,690		$	2.27		4.88	$	164,658

Summary of restricted stock unit activity and stock awards granted

The following table summarizes the nonvested restricted stock unit activity and stock awards granted under our share-based plans for the six months ended June 30, 2015:

	Shares			Grant Date Fair Value Per Share
Nonvested as of December 31, 2014		11,575		$	3.47
Granted		451		$	3.88
Vested		(77	)	$	3.90
Forfeited		(205	)	$	3.46
Nonvested as of June 30, 2015		11,744		$	3.48