SIRIUS XM Radio (SIRI) CEO Blows Out Over 11M Shares

April 18, 2012 4:20 PM EDT Send to a Friend
SIRIUS XM Radio Inc. (Nasdaq: SIRI) CEO Mel Karmazin sold a bunch of stock recently after exercising options.

He sold 5,965,800 shares on 4/16 at $2.18 after exercising options at $ 0.43. He sold an additional 5,514,900 shares on 4/17 after exercising options at $ 0.43.

The options were set to expire 12/31/2014.

The sales came pursuant to the Sales Plan adopted by Mr. Karmazin on February 16, 2012.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insider Trades

Related Entities

Mel Karmazin

Add Your Comment