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SIRI » Topics » Option Exercises and Stock Vested for 2007

This excerpt taken from the SIRI DEF 14A filed Nov 4, 2008.
Option Exercises and Stock Vested for 2007
 
The following table provides information with respect to option exercises and restricted stock and restricted stock units that vested during 2007.
 
                                 
    Option Awards     Stock Awards  
    Number of
 		          Number of Shares
 		       
    Shares Acquired
 		    Value Realized
 		    Acquired on
 		    Value Realized
 		 
    on Exercise
 		    on Exercise
 		    Vesting(2)
 		    on Vesting
 		 
Name
  (#)     ($)     (#)     ($)  
 
Mel Karmazin
    —       —       600,000       2,112,000  
Scott A. Greenstein
    —       —       678,296       2,099,413  
James E. Meyer
    33,334 (1)     65,335       370,053       1,175,490  
Patrick L. Donnelly
    —       —       35,026       125,743  
David J. Frear
    —       —       39,405       141,464  
 
 
(1) These options would have expired on December 31, 2007.
 
(2) Includes the portion of the 2005 bonus that was granted as restricted stock units to all named executive officers, except Mr. Karmazin. These restricted stock units were granted on February 1, 2006 and vested on February 15, 2007.
 

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