XM Radio 2013 Annual Report Download - page 9

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1221 Avenue of the Americas
36th Floor
New York, New York 10020
PROXY STATEMENT
This proxy statement contains information related to the annual meeting of stockholders of
Sirius XM Holdings Inc. to be held on Monday, May 19, 2014, beginning at 9:00 a.m., New York City time, in
the Auditorium at The McGraw-Hill Building, 1221 Avenue of the Americas, New York, New York 10020, and
at any adjournments or postponements thereof. This proxy statement is first being distributed or made available,
as the case may be, to stockholders on or about April 8, 2014.
ABOUT THE MEETING
What is the purpose of the annual meeting?
At our annual meeting, stockholders will act upon the following matters outlined in the Notice of 2014
Annual Meeting of Stockholders, including:
• Item 1 — the election of thirteen director nominees to our board (Joan L. Amble, Anthony J. Bates,
George W. Bodenheimer, David J.A. Flowers, Eddy W. Hartenstein, James P. Holden, Gregory B.
Maffei, Evan D. Malone, James E. Meyer, James F. Mooney, Carl E. Vogel, Vanessa A. Wittman and
David M. Zaslav);
• Item 2 — the approval of, in a non-binding, advisory vote, the compensation paid to our named executive
officers;
• Item 3 — the ratification of the appointment of KPMG LLP as our independent registered public
accountants for 2014; and
• such other business that may properly be conducted at the annual meeting or any adjournments or
postponements thereof.
At the annual meeting, management will also report on our performance and respond to appropriate
questions from stockholders. On March 28, 2014 (the “Record Date”), 6,063,845,329 shares of our common
stock were outstanding.
Is Sirius XM Holdings Inc. different from Sirius XM Radio Inc.?
On November 15, 2013, we reorganized our corporate structure (the “Reorganization”). As a result of the
Reorganization, Sirius XM Radio Inc. became a direct, wholly-owned subsidiary of Sirius XM Holdings Inc.
Delaware law permits the formation of a holding company without a vote of the stockholders of the constituent
corporations.
In connection with the Reorganization, among other things:
• each share of common stock of Sirius XM Radio Inc. was converted automatically into the right to
receive one validly issued, fully paid and non-assessable share of Sirius XM Holdings Inc. common
stock, each share having the same designations, rights, powers and preferences, and the qualifications,
limitations and restrictions thereof as the shares of Sirius XM Radio Inc. common stock;
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