Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.10.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2018

 

2017

 

2016

 

 

 

Options

 

Weighted

 

Options

 

Weighted

 

Options

 

Weighted

 

 

 

granted

 

average

 

granted

 

average

 

granted

 

average

 

 

 

(000's)

 

GDFV

 

(000's)

 

GDFV

 

(000's)

 

GDFV

 

Series C Liberty Media Corporation common stock, Liberty employees and directors (1)

 

NA

 

 

NA

 

NA

 

 

NA

 

10

 

$

8.33

 

Series C Liberty Media Corporation common stock, Liberty CEO (2)

 

NA

 

 

NA

 

NA

 

 

NA

 

775

 

$

8.91

 

Series C Liberty SiriusXM common stock, Liberty employees and directors (1)

 

33

 

$

11.09

 

263

 

$

10.39

 

415

 

$

7.50

 

Series C Liberty SiriusXM common stock, Liberty CEO (3)

 

633

 

$

11.56

 

920

 

$

8.50

 

NA

 

 

NA

 

Series C Liberty Formula One common stock, Liberty employees and directors (1)

 

21

 

$

8.99

 

153

 

$

9.42

 

101

 

$

4.89

 

Series C Liberty Formula One common stock, Liberty CEO (3)

 

139

 

$

8.80

 

171

 

$

8.96

 

NA

 

 

NA

 

Series C Liberty Formula One common stock, Formula 1 employees (4)

 

1,888

 

$

8.64

 

2,015

 

$

8.16

 

NA

 

 

NA

 

Series C Liberty Braves common stock, Liberty employees and directors (1)

 

 5

 

$

7.14

 

35

 

$

6.14

 

41

 

$

3.79

 

Series C Liberty Braves common stock, Liberty CEO (3)

 

46

 

$

6.44

 

149

 

$

6.02

 

NA

 

 

NA

 


(1)

Mainly vests between three and five years for employees and in one year for directors.

(2)

Grant mainly cliff vested in December 2016 and was made in connection with the CEO’s employment agreement.

(3)

Grants in 2017 mainly cliff vested in December 2017. Grants in 2018 cliff vested in December 2018 and were made in connection with the CEO’s employment agreement.

(4)

Vest monthly over one year.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

 

 

 

 

 

 

 

 

Volatility

 

2018 grants

    

    

 

    

    

 

Liberty options

 

23.5

%

-

26.0

%

2017 grants

    

    

 

    

    

 

Liberty options

 

22.6

%

-

29.8

%

2016 grants

    

    

 

    

    

 

Liberty options

 

22.6

%

-

26.8

%

 

Liberty Sirius XM Group | Common Class A  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A

 

 

    

    

    

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

remaining

 

value

 

 

 

Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

1,626

 

$

19.78

 

 

 

 

 

 

 

Granted

 

 —

 

$

 —

 

 

 

 

 

 

 

Exercised

 

(223)

 

$

19.43

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 —

 

$

 —

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

1,403

 

$

19.84

 

1.0

year

 

$

24

 

Exercisable at December 31, 2018

 

1,399

 

$

19.81

 

1.0

year

 

$

24

 

 

Liberty Sirius XM Group | Common Class C  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series C

 

 

    

    

    

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

remaining

 

value

 

 

 

Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

11,328

 

$

27.66

 

 

 

 

 

 

 

Granted

 

666

 

$

42.34

 

 

 

 

 

 

 

Exercised

 

(497)

 

$

19.81

 

 

 

 

 

 

 

Forfeited/Cancelled

 

(2)

 

$

38.77

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

11,495

 

$

28.85

 

3.3

years

 

$

98

 

Exercisable at December 31, 2018

 

8,039

 

$

28.25

 

3.1

years

 

$

74

 

 

Braves Group | Common Class A  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A

 

 

    

    

    

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

remaining

 

value

 

 

 

Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

179

 

$

11.43

 

 

 

 

 

 

 

Granted

 

 —

 

$

 —

 

 

 

 

 

 

 

Exercised

 

(2)

 

$

11.00

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 —

 

$

 —

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

177

 

$

11.44

 

1.0

year

 

$

 2

 

Exercisable at December 31, 2018

 

177

 

$

11.42

 

1.0

year

 

$

 2

 

 

Braves Group | Common Class C  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series C

 

 

    

    

    

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

remaining

 

value

 

 

 

Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

1,231

 

$

16.27

 

 

 

 

 

 

 

Granted

 

51

 

$

23.54

 

 

 

 

 

 

 

Exercised

 

(6)

 

$

11.97

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 —

 

$

 —

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

1,276

 

$

16.58

 

3.2

years

 

$

11

 

Exercisable at December 31, 2018

 

926

 

$

16.33

 

3.0

years

 

$

 8

 

 

Formula One Group | Common Class A  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A

 

 

    

 

    

 

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

 

remaining

 

value

 

 

 

 Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

400

 

$

11.69

 

 

 

 

 

 

 

Granted

 

 —

 

$

 —

 

 

 

 

 

 

 

Exercised

 

(40)

 

$

11.50

 

 

 

 

 

 

 

Forfeited/Cancelled

 

 —

 

$

 —

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

360

 

$

11.71

 

1.0

year

 

$

 6

 

Exercisable at December 31, 2018

 

360

 

$

11.70

 

1.0

year

 

$

 6

 

 

Formula One Group | Common Class C  
Schedule of Stock-Based Compensation Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series C

 

 

    

 

    

 

 

    

Weighted

    

Aggregate

 

 

 

 

 

 

 

 

average

 

intrinsic

 

 

 

Liberty

 

 

 

 

remaining

 

value

 

 

 

 Awards (000's)

 

WAEP

 

life

 

(in millions)

 

Outstanding at January 1, 2018

 

4,760

 

$

24.59

 

 

 

 

 

 

 

Granted

 

2,048

 

$

31.55

 

 

 

 

 

 

 

Exercised

 

(123)

 

$

13.83

 

 

 

 

 

 

 

Forfeited/Cancelled

 

(1)

 

$

34.84

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

6,684

 

$

26.92

 

4.7

years

 

$

35

 

Exercisable at December 31, 2018

 

4,911

 

$

27.58

 

4.6

years

 

$

24