SIRI » Topics » Who are the principal owners of SIRIUS XMs stock?

This excerpt taken from the SIRI DEF 14A filed Apr 30, 2009.
Who are the principal owners of SIRIUS XM’s stock?
 
The following table sets forth information regarding beneficial ownership of our common stock as of April 29, 2009 by each person known by us to be the beneficial owner of more than 5% of our outstanding common stock. In general, “beneficial ownership” includes those shares a person has the power to vote or transfer, and options to acquire our common stock that are exercisable currently or become exercisable within 60 days. We believe that the beneficial owner of the common stock listed below, based on information furnished by this owner, has sole investment and voting power with respect to these shares.
 
                 
    Shares Beneficially
 
    Owned as of
 
    April 29, 2009  
Name and Address of Beneficial Owner of Common Stock
  Number     Percent  
 
Liberty Media Corporation(1)
12300 Liberty Boulevard
Englewood, CO 80112
    2,586,976,762       40 %
 
 
(1) Liberty Radio LLC, an affiliate of Liberty Media Corporation, owns 12,500,000 shares of our Series B-1 Preferred Stock. Each share of our Series B-1 Preferred Stock is convertible into 206.9581409 shares of our common stock. Our Series B-1 Preferred Stock is convertible into an aggregate of 2,586,976,762 shares of our common stock.


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