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Thread: SIRI INTRADAY THREAD WEDNESDAY May 27th 2009

  1. #11
    imromo24 is offline
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    usually someone inside posts something on the web, try to search

  2. #12
    imromo24 is offline
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    premarket is very hesitant and light

  3. #13
    Siriustunes is offline
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    5/19 SIRI option awards

    Thought I would ask for someone to shed some light on the stock options that were awarded on 5/19.

    There are 5 officers that were awarded stock options (someone else had mentioned these were options that Mel did not exercise) and all 5 people sold 10% of the options on 5/20. Is this 10% a limit that could be sold or did they all do it to cover taxes or fees?

  4. #14
    trippingthespeculatingpos is offline
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    yeah sirius tunes this is normal, and even if they did sell for any other reason you realize this is people's compensation and sometimes they actually need that compensation to pay for something. cant freak out over every little sell. well meeting should be opver now im assuming, wonder how it went and i hope mel pulled off something nice.

  5. #15
    Siriustunes is offline
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    Yea Tripping, I understand that options play into compensation. I was more interested in the fact if they could have sold more than 10%. I have sold options in the past to pay immediate taxes and was thinking this would be the reason. If they needed the compensation for specific personal reasons, I would think they would have sold different % amounts vs them all sellng exactly 10%.

    If they are holding the balance, then that might mean they see good things ahead.

  6. #16
    trippingthespeculatingpos is offline
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    yeah tunes i was just making a point, this time its for tax reasons, but you know peoplelove to go into forums and spin everything, bashers love it when insiders do this cause then they can scare the uninformed. if u had seen yahoo a few days ago it was nothing but bashers posts saying insiders are selling.

  7. #17
    trippingthespeculatingpos is offline
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    this may be jumping the gun, but meeting ended if it was an hour long at 10est and check out the chart and siri's movement starting at exactly 10 est today :O, im sure ill look back now and it will be .34 haha

  8. #18
    underway is offline
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    Joined: Mar 2009 Posts: 521

    Annual Meeting info

    SIRI just released the info from the meeting via 8k filing, including the slides used at the meeting, but the graphic image isn't there so the formatting is not easy to read.

    http://finance.aol.com/company/siriu...ml/sec-filings

    Perhaps they'll post the info on S-XM website in a readable form.

    Here's better link that was posted over at satwaves:
    http://investor.sirius.com/secfiling...930413-09-2893
    Last edited by underway; 05-27-2009 at 10:26 AM.

  9. #19
    Gallep is offline
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    I see all good...sorry, GREAT news here! Where's SP >$1.00?????

  10. #20
    xitvp is offline
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    Quote Originally Posted by Gallep View Post
    I see all good...sorry, GREAT news here! Where's SP >$1.00?????
    This is all the same stuff we already knew.

    Wondering is a date range was mentioned with the Iphone slide....

  11. Ad Fairy Senior Member
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