CUSIP No. 125127 10 0 13D Page 1 of 6 Pages
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Sirius Satellite Radio Inc.
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(Name of Issuer)
Common Shares, par value $0.001 per share
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(Title of Class of Securities)
125127 10 0
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(CUSIP Number)
<TABLE>
<S> <C> <C>
Darlene M. Friedland Paul L. Goldman Randal R. Jones
Robert M. Friedland Goodman Phillips & Vineberg Dorsey & Whitney LLP
2, Bulletin Place #15B 1900 - 355 Burrard Street U.S. Bank Center
Sydney Vancouver, British Columbia 1420 Fifth Avenue, Suite 3400
New South Wales, Australia 2000 Canada V6C 2G8 Seattle, WA 98101
(612) 9363-9799 (604) 682-7737 (206) 903-8814
Fax: (612) 9363-9088 Fax: (604) 682-7131 Fax: (206) 903-8820
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</TABLE>
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 10, 2000
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(Date of Event which Required Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1 (b)(3) or (4), check the following box |_|.
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CUSIP No. 125127 10 0 13D Page 2 of 6 Pages
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1 Name Of Reporting Persons
I.R.S. Identification Nos. Of Above Persons
Darlene M. Friedland
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2 Check The Appropriate Box If A Member Of A
Group (See Instructions) (a) |_|
(b) |_|
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3 SEC Use Only
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4 Source of Funds
Not applicable
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5 Check if Disclosure of Legal Proceedings is Required Pursuant
to Item 2(d) or 2(e)
|_|
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6 Citizenship Or Place Of Organization
United States and Canada
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7 Sole Voting Power
NUMBER OF 0
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Shares 8 Shared Voting Power
Beneficially 0
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Owned By 9 Sole Dispositive Power
Each 1,417,250
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Reporting 10 Shared Dispositive Power
Person With 582,750
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11 Aggregate Amount Beneficially Owned By Each Reporting Person
2,000,000
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12 Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_|
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13 Percent Of Class Represented By Amount In Row 9
4.5%
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14 Type Of Reporting Person (See Instructions)
IN
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CUSIP No. 125127 10 0 13D Page 3 of 6 Pages
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1 Name Of Reporting Persons
I.R.S. Identification Nos. Of Above Persons
Robert M. Friedland
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2 Check The Appropriate Box If A Member Of A
Group (See Instructions) (a) |_|
(b) |_|
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3 SEC Use Only
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4 Source of Funds
Not applicable
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5 Check if Disclosure of Legal Proceedings is Required Pursuant
to Item 2(d) or 2(e)
|_|
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6 Citizenship Or Place Of Organization
United States and Canada
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7 Sole Voting Power
NUMBER OF 0
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Shares 8 Shared Voting Power
Beneficially 0
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Owned By 9 Sole Dispositive Power
Each 0
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Reporting 10 Shared Dispositive Power
Person With 582,750
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11 Aggregate Amount Beneficially Owned By Each Reporting Person
2,000,000
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12 Check If The Aggregate Amount In Row (11) Excludes Certain Shares |_|
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13 Percent Of Class Represented By Amount In Row 9
4.5%
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14 Type Of Reporting Person (See Instructions)
IN
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<PAGE>
CUSIP No. 125127 10 0 13D Page 4 of 6 Pages
Item 1. Security and Issuer.
(a) Title of class of securities: Common Shares, par value of $0.001 per share
(the "Common Shares")
(b) Name of issuer: Sirius Satellite Radio Inc.
Address: 36th Floor, 1221 Avenue of the Americas, New York, NY 10020
Item 2. Identity and Background.
(a) Name: (i) Darlene M. Friedland
(ii) Robert M. Friedland
(b) Residence or business address: 2, Bulletin Place #15B, Sydney, New South
Wales, Australia 2000
(c) Principal occupation or employment: Investor
(d) Criminal convictions within five years: None
(e) Federal or state securities laws violations within five years: None
(f) Citizenship: Each reporting person is a citizen of both the United States
and Canada
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable.
Item 4. Purpose of Transaction.
Not applicable.
Item 5. Interest in Securities of the Issuer.
(a) Number of securities owned beneficially: 2,000,000
Percentage of class: 4.5%
(b) Sole voting power: 0
Shared voting power: 0
Sole dispositive power: (i) 1,417,250
(ii) 0
Shared dispositive power: (i) 582,750
(ii) 582,750
(c) Transactions during past 60 days: Robert M. Friedland disposed of 334,500
Common Shares on Nasdaq pursuant to the provisions of Rule 144(k). Mr.
Friedland disposed of the Common Shares as follows:
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CUSIP No. 125127 10 0 13D Page 5 of 6 Pages
Date Number of Shares Price per Share*
---- ---------------- ---------------
March 3, 2000 12,400 $65.20
April 14, 2000 10,000 $34.90
April 18, 2000 75,000 $34.96
April 19, 2000 15,000 $35.43
April 27, 2000 25,400 $38.92
April 28, 2000 29,200 $39.90
May 1, 2000 85,000 $41.45
May 2, 2000 25,000 $42.41
May 5, 2000 25,600 $43.42
May 8, 2000 31,900 $43.95
* The average price per share, based on Mr. Friedland's aggregate sales
on such date
(d) Other beneficiaries: None
(e) Date reporting person ceased to be 5% owner: May 1, 2000
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
Pursuant to a Voting Trust Agreement, dated as of August 26, 1997, among CD
Radio Inc. (now Sirius Satellite Radio Inc.), Darlene Friedland and David
Margolese, Mr. Margolese has the power to vote in his discretion all shares of
Sirius Satellite Radio Inc. common stock owned or thereafter acquired by Darlene
Friedland and certain of her affiliates, including her husband Robert Friedland.
Item 7. Material to be Filed as Exhibits.
1. Agreement, dated as of May 25, 2000, among Darlene Friedland and Robert
Friedland for joint filing of this Schedule 13D
2. Voting Trust Agreement, dated as of August 26, 1997, among CD Radio Inc.,
Darlene Friedland and David Margolese*
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* Previously filed as Exhibit 1 to Schedule 13D filed with the Securities and
Exchange Commission on March 11, 1998
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CUSIP No. 125127 10 0 13D Page 6 of 6 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATED as of May 25, 2000
/s/ Darlene Friedland
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Darlene M. Friedland
/s/ Robert Friedland
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Robert M. Friedland
<PAGE>
EXHIBIT 1
It is hereby agreed that this Schedule 13D is jointly filed pursuant to
Rule 13d-1(k)(1) on behalf of Darlene M. Friedland and Robert M. Friedland.
DATED as of May 25, 2000
/s/ Darlene Friedland
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Darlene M. Friedland
/s/ Robert Friedland
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Robert M. Friedland
