Insider Dara Altman Selling Shares
FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Altman Dara F 2. Issuer Name and Ticker or Trading Symbol
SIRIUS XM RADIO INC. [ (SIRI) ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
EVP & Chief Admin. Officer
(Last) (First) (Middle)
1221 AVENUE OF THE AMERICAS 3. Date of Earliest Transaction (MM/DD/YYYY)
12/15/2009
(Street)
NEW YORK, NY 10020
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2009 S 43230 (1) D $0.6076 1010180 D
Common Stock 35512 I By 401(k) Plan
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Explanation of Responses:
( 1) Shares of common stock sold are equal to federal and state taxes due on December 15, 2009 as the result of the vesting of the restricted stock units and the related brokerage commission on the sale.
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Altman Dara F
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
EVP & Chief Admin. Officer
Signatures
/s/Patrick L. Donnelly, attorney in fact 12/16/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
1 Attachment(s)
Cleaning-up this Jackass' Mess . . . ooh-fah!
Technical Review of SIRI
Charts of Sirius XM Radio are sliced and diced.
Friday December 18, 2009 12:39 PM PST
By James E Brumley
The broad market is on pace to end the week with a fizzle, and flat with Friday's close. A few select stocks, however, appear as if they're just now starting to build some trade-worthy momentum. Here's a more detailed look at Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS), Sirius XM Radio Inc. (NASDAQ:SIRI), and AMCORE Financial, Inc. (NASDAQ:AMFI). All three are likely near-term movers, though only one of them bullishly.
I was a huge fan of Sirius XM Radio Inc. (NASDAQ:SIRI) as long as its key support line remained intact. Well, as of early December, support has been broken, and things have been getting gradually worse for SIRI ever since.
You can't quite tell it from our zoomed out chart of Sirius XM Radio (which shows the scope and importance of the support line), but this isn't a mere case of SIRI drifting sideways at an inopportune time. The stock is making lower lows, with today's multi-week low coming on higher volume... on a Friday, no less.
Regarding a target, Sirius XM Radio reminds me of the old adage 'the higher they fly, the farther they fall'. Following the 600% gain from Match's low to the peak, there's a truckload of potential profit-taking waiting in the wings for SIRI. At this point, I think Sirius XM Radio shares are at least due a pullback to the first Fibonacci retracement line at $0.50 (which has been support before... in October). There's another combo line at $0.33.
SRK's Note: Hello? Hello?? Earth to James . . . did you ever hear of Options Expiration Friday you Putz? . . . . Quadruple Witching Friday? . . . How 'bout the tax sale of options vested to Officers on 12/18? This guy is almost as dumb as Scott Moritz . . . hell, I look at that chart and see "OVERSOLD" . . . . maybe it's just me - LOL - what a maroone this guy is!