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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 21.09+2.9%Jan 5 3:59 PM EST
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To: sixty2nds who wrote (3509)1/12/2006 8:44:56 AM
From: HEXonX   of 8420
 
Same thing from dow jones news:

Stern Can Sell 31.25M Shares Of Sirius
Just three days after starting his new job at Sirius Satellite
Radio Inc. (SIRI), shock jock Howard Stern is now able to sell
the roughly $200 million in Sirius stock that he received as part
of his five-year deal with the company.
Sirius’ contract with Stern runs through 2010, but the company
disclosed last week that it was giving Stern and his agent
34.4 million shares of stock right away because it had already
reached certain undisclosed targets for subscriber growth under
the deal it signed with Stern in late 2004. The company made
another regulatory filing saying that entities controlled by Stern
and his agent, Don Buchwald, would receive the proceeds of
the sale of the shares, which could occur at any time.
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