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SIRIUS XM Radio (SIRI) CEO Karmazin Dumps Nearly 14M Shares

May 17, 2012 4:25 PM EDT
SIRIUS XM Radio Inc. (Nasdaq: SIRI) CEO Mel Karmazin disclsoed the sale of 13,700,000 shares from 05/15-05/16 at prices from $1.9768-$1.9865 after exercising options.

Karmizin exercised options on the same number of shares at $0.43. The options have an expiration date of 12/31/2014.

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


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