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Thread: Bonus Shares Vesting Schedule

  1. #1
    Sirius Roadkill is offline
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    Joined: Feb 2009 Posts: 1,882

    Bonus Shares Vesting Schedule

    For those who have asked . . . here is the vesting schedule for the sale of restricted stock units awarded to Sirius XM employees in lieu of cash bonuses:

    1. The restricted stock units vest in twenty tranches on: 5/20/09; 6/4/09; 6/18/09; 7/8/09; 7/22/09; 8/5/09; 8/19/09; 9/3/09; 9/18/09; 10/2/09; 10/21/09; 11/4/09; 11/18/09; 12/3/09; 12/23/09; 1/6/10; 1/21/10; 2/5/10; 2/18/10; and 3/4/10. The Company has reserved the right to accelerate the vesting of these restricted stock units. (Employee) has adopted a 10b5-1 sales plan pursuant to which he/she intends to sell the common stock received by her on each of the vesting dates.

    TODAY . . . 11/18/2009 . . . IS A VESTING DATE!

    dyodd

  2. #2
    JohnnyIrishXM is offline
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    Joined: Feb 2009 Location: Valley Forge ,PA Posts: 1,583
    Hey S-Kill,they have been accelerating thier tranches the last 4 months with 2 blocks sold in the first sell date of each month,including on nov.2nd,so there shouldn't be one today,unless they change it up again and push it up..

    saw your post and your right,it took all i had not to post,but i am here...

    come on over,the old buzz crowd is reforming and it's fun...

    you know where it is..

  3. #3
    JohnnyIrishXM is offline
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    ooops ,SXM through a curve ball again,,they sold double tranches early today and yesterday,filings today...was wrong,but said unless it changes and sure enough it did...

  4. Ad Fairy Senior Member

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