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, 2021

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended
		March 31,
		2021			2020

		amounts in millions
Cost of services:
Programming and content		$	8		8
Customer service and billing			1		2
Other			1		1
Other operating expense			10		11
Selling, general and administrative			43		45
		$	63		67

Schedule of options granted and weighted average grant date fair value


	Three Months Ended
	March 31, 2021
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty employees and directors (1)	33		$	13.73
Series C Liberty SiriusXM common stock, Liberty CEO (2)	257		$	13.73
Series C Liberty Formula One common stock, Liberty employees and directors (1)	30		$	15.96
Series C Liberty Formula One common stock, Formula 1 employees (3)	718		$	15.96
Series C Liberty Braves common stock, Liberty employees and directors (1)	16		$	10.07

(1)

Grants mainly vest between two and three years.

(2)

Grant cliff vests on December 31, 2021. Grant was made in connection with the CEO’s employment agreement.

(3)

Grants vest in equal quarterly installments over 2021.

Liberty SiriusXM Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2021		10,870		$	34.96
Granted		290		$	45.34
Exercised		(31)		$	31.50
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2021		11,129		$	35.24		3.0	years		$	102
Exercisable at March 31, 2021		8,675		$	32.62		2.1	years		$	100

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2021		3,475		$	24.81
Granted		16		$	31.24
Exercised		(3)		$	15.36
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2021		3,488		$	24.85		5.4	years		$	11
Exercisable at March 31, 2021		1,010		$	19.03		2.4	years		$	9

Formula One Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		Awards (000's)		WAEP			life			(millions)
Outstanding at January 1, 2021		10,391		$	31.78
Granted		748		$	45.88
Exercised		(11)		$	22.91
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2021		11,128		$	32.74		4.4	years		$	120
Exercisable at March 31, 2021		8,638		$	30.13		3.9	years		$	114