Liberty Media Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended
		March 31,
		2020			2019
		amounts in millions
Cost of services:
Programming and content		$	8		7
Customer service and billing			2		1
Other			1		1
Other operating expense			11		9
Selling, general and administrative			45		47
		$	67		65

Schedule of options granted and weighted average grant date fair value


	Three Months Ended
	March 31, 2020
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty CEO (1)	388		$	8.72
Series C Liberty Braves common stock, Liberty CEO (1)	137		$	4.67
Series C Liberty Formula One common stock, Liberty CEO (1)	246		$	7.55
Series C Liberty Formula One common stock, Formula 1 employees (2)	1,435		$	7.55

(1)

Grants cliff vest on December 31, 2020. Grants were made in connection with the CEO’s employment agreement.

(2)

Grants vest monthly over one year.

Liberty SiriusXM Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series A											Series C
							Weighted			Aggregate								Weighted			Aggregate
							average			intrinsic								average			intrinsic
		Liberty					remaining			value			Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)			Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2020		22		$	22.62								9,817		$	33.90
Granted		—		$	—								388		$	39.87
Exercised		(17)		$	19.94								(36)		$	23.76
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at March 31, 2020		5		$	31.00		0.7	years		$	—		10,169		$	34.16		3.5	years		$	14
Exercisable at March 31, 2020		5		$	31.00		0.7	years		$	—		8,039		$	32.20		2.9	years		$	14

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series A											Series C
							Weighted			Aggregate								Weighted			Aggregate
							average			intrinsic								average			intrinsic
		Liberty					remaining			value			Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)			Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2020		2		$	11.89								1,267		$	21.82
Granted		—		$	—								137		$	20.07
Exercised		—		$	—								(3)		$	11.19
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at March 31, 2020		2		$	11.89		2.2	years		$	—		1,401		$	21.66		4.3	years		$	1
Exercisable at March 31, 2020		2		$	11.89		2.2	years		$	—		821		$	18.82		2.8	years		$	1

Formula One Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series A											Series C
							Weighted			Aggregate								Weighted			Aggregate
							average			intrinsic								average			intrinsic
		Liberty					remaining			value			Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)			Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2020		1		$	12.63								8,284		$	31.16
Granted		—		$	—								1,681		$	28.61
Exercised		—		$	—								—		$	—
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at March 31, 2020		1		$	12.63		2.7	years		$	—		9,965		$	30.73		5.0	years		$	16
Exercisable at March 31, 2020		1		$	12.63		2.7	years		$	—		6,948		$	29.89		4.4	years		$	15