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Old 01-09-2007, 08:27 AM   #1
BenDee
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Default Howard receives another 22 million shares of stock

As an incentive payment, today Sirius issued Howard Stern 22,058,824 shares of common stock, due to greatly exceeding subscriber estimates for 2006. In October, 2004, the consensus estimate for analysts was approximately 3.5 million subscribers at the end of 2006. Sirius passed that by more than 2 million, the number needed to trigger shares being granted to Howard. Sirius ended the year with 6,024,000 subscribers. The value of the stock is approximately $83 million.

These payments could be expected to continue into 2007, provided Sirius does not see the slowdown that XM did in 2006.
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Old 01-09-2007, 10:43 AM   #2
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Well deserved

Congrats Howard!
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Old 01-09-2007, 11:40 AM   #3
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Quote:
Originally Posted by JerseyGuy123
Well deserved

Congrats Howard!
i agree.
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Old 01-09-2007, 03:15 PM   #4
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Good Dog.

I hope some incentive rewards also get thrown the way of the other cast members too...
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Old 01-09-2007, 04:07 PM   #5
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Way to Go Howard! BTW - Happy Anniversary and Happy Birthday.
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Old 01-09-2007, 04:53 PM   #6
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Smile STERN gets BONUS

Just listening to news that Sirius awarded Howard a $83mm stock bonus...that is unbilievable. If they gave that to us as a group, we could all retire (everyone on this forum), and live very comfortably for the rest of our lives. Do you think he might be willing to share with us???????
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Old 01-09-2007, 04:55 PM   #7
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Quote:
Originally Posted by joebxr
Just listening to news that Sirius awarded Howard a $83mm stock bonus...that is unbilievable. If they gave that to us as a group, we could all retire (everyone on this forum), and live very comfortably for the rest of our lives. Do you think he might be willing to share with us???????
*edit*

Somebody merged threads...
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Old 01-09-2007, 05:03 PM   #8
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Quote:
Originally Posted by joebxr
Just listening to news that Sirius awarded Howard a $83mm stock bonus...that is unbilievable. If they gave that to us as a group, we could all retire (everyone on this forum), and live very comfortably for the rest of our lives. Do you think he might be willing to share with us???????
I'M IN!!!
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