XM Radio 2014 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2014 XM Radio annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 149

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149

by our officers or employees. Equity-based compensation granted to our non-employee directors in
2014, and expected to be granted under our new director compensation plan, is described under
“Item 1—Election of Directors—Director Compensation Table for 2014.”
Grants made during our most recent fiscal year under the 2009 Plan to our named executive
officers are set forth in the Grants of Plan-Based Awards in 2014 table on page 36. Since the
inception of the 2009 Plan, no award has been granted to (i) any associate of any current director
who is not an executive officer, (ii) any associate of any executive officer or (iii) any associate of
any nominee for election as a director, and the Committee has not authorized the granting to any
one person of five percent or more of the total amount of awards to be granted under the 2015
Plan.
Equity Compensation Plan Information
The following table sets forth information as of December 31, 2014.
Column (a) Number of
Securities to be Issued
upon Exercise of
Outstanding Options,
Warrants and Rights
Column (b) Weighted-
Average Exercise Price
of Outstanding Options,
Warrants and Rights(1)
Column (c) Number of
Securities Remaining
Available for Future
Issuance under Equity
Compensation Plans
(excluding Securities
Reflected in Column (a))
Plan Category
Equity compensation plans
approved by security holders. . . 279,429,063 $2.72 19,949,511
Equity compensation plans not
approved by security holders. . . — — —
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279,429,063 $2.72 19,949,511
(1) Excludes 11,574,867 shares covering RSUs from the calculation of the weighted average
exercise price.
Vote Required
The affirmative vote of a majority in voting power of our common stock represented in
person or by proxy and entitled to vote is required for the approval of the Sirius XM Holdings
Inc. 2015 Long-Term Stock Incentive Plan.
The board of directors recommends a vote “FOR” approval of the Sirius XM Holdings
Inc. 2015 Long-Term Stock Incentive Plan.
51