Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.22.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Schedule of options granted and weighted average grant date fair value

Years ended December 31,

 

2022

2021

2020

 

Options

Weighted

Options

Weighted

Options

Weighted

 

granted

average

granted

average

granted

average

 

(000's)

GDFV

(000's)

GDFV

(000's)

GDFV

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

42

$

13.31

66

$

14.54

372

$

12.12

Series C Liberty SiriusXM common stock, Liberty CEO (2)

212

$

14.45

257

$

13.73

1,053

$

11.03

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

34

$

23.94

55

$

18.79

305

$

14.29

Series C Liberty Formula One common stock, Liberty CEO (2)

181

$

21.31

$

791

$

12.42

Series C Liberty Formula One common stock, Formula 1 employees (3)

86

$

21.31

718

$

15.96

1,435

$

7.55

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

10

$

12.40

23

$

9.93

146

$

7.79

Series C Liberty Braves common stock, Liberty CEO (2)

95

$

9.16

$

489

$

7.26

Series C Liberty Braves common stock, Braves employees (4)

$

$

1,585

$

8.52

(1) Mainly vests between two and four years for employees and in one year for directors.
(2) Grants made in March 2022 cliff vested in December 2022. Grant made in March 2021 cliff vested in December 2021. Grants made in March 2020 cliff vested in December 2020, and grants made in December 2020 in connection with the CEO’s employment agreement cliff vest in December 2024. See discussion in note 14 regarding the compensation agreement with the Company’s CEO.
(3) Grants made in 2022 and 2021 vested in equal quarterly installments over one year. Grants made in 2020 vested monthly over one year.
(4) Grants made in December 2020 vested 50% in December 2022 and vest 50% in December 2023.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Volatility

 

2022 grants

    

    

    

    

Liberty options

 

25.5

%

-

37.4

%

2021 grants

    

    

    

    

Liberty options

 

30.9

%

-

37.4

%

2020 grants

    

    

    

    

Liberty options

 

21.8

%

-

37.2

%

Liberty SiriusXM Group  
Schedule of stock awards activity

Series C

    

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

Options (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2022

 

7,369

$

38.79

Granted

 

254

$

44.29

Exercised

 

(760)

$

31.22

Forfeited/Cancelled

(1)

$

31.87

Outstanding at December 31, 2022

 

6,862

$

39.83

 

2.8

years

$

14

Exercisable at December 31, 2022

 

4,883

$

37.89

 

2.2

years

$

14

Formula One Group  
Schedule of stock awards activity

Series C

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

 Options (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2022

 

9,114

$

34.38

Granted

 

301

$

57.92

Exercised

 

(2,329)

$

31.96

Forfeited/Cancelled

 

$

Outstanding at December 31, 2022

 

7,086

$

36.18

 

3.8

years

$

167

Exercisable at December 31, 2022

 

5,625

$

34.19

 

3.5

years

$

144

Braves Group  
Schedule of stock awards activity

Series C

    

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

Options (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2022

 

3,125

$

25.86

Granted

 

105

$

26.20

Exercised

 

(122)

$

18.12

Forfeited/Cancelled

$

Outstanding at December 31, 2022

 

3,108

$

26.17

 

4.4

years

$

19

Exercisable at December 31, 2022

 

1,493

$

24.92

 

3.9

years

$

11