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)

6 Months Ended

Jun. 30, 2023

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended					Six months ended
		June 30,					June 30,
		2023			2022		2023		2022

		amounts in millions
Cost of Sirius XM Holdings services:
Programming and content		$	8		8		15		16
Customer service and billing			2		2		3		3
Other			1		2		2		3
Other operating expense			11		9		22		17
Selling, general and administrative			32		36		68		73
		$	54		57		110		112

Schedule of options granted and weighted average grant date fair value


	Six Months Ended
	June 30, 2023
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty employees and directors (1)	19		$	8.98
Series C Liberty SiriusXM common stock, Liberty CEO (2)	370		$	10.34
Series C Liberty Formula One common stock, Liberty employees and directors (1)	8		$	28.17
Series C Liberty Formula One common stock, Formula 1 employees (3)	71		$	30.70
Series C Liberty Braves common stock, Liberty employees and directors (1)	3		$	14.24

(1)

Grants vest between two and three years.

(2)

Grant cliff vests on December 29, 2023. Grant was made in connection with the CEO’s employment agreement.

(3)

Grant vests in equal quarterly installments over 2023.

Liberty SiriusXM Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		options (000's)		WAEP			life			(millions)
Outstanding at January 1, 2023		6,862		$	39.83
Granted		389		$	31.03
Exercised		(213)		$	32.61
Forfeited/Cancelled		(1,242)		$	31.30
Outstanding at June 30, 2023		5,796		$	41.34		3.3	years		$	1
Exercisable at June 30, 2023		3,467		$	40.62		2.5	years		$	—

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		options (000's)		WAEP			life			(millions)
Outstanding at January 1, 2023		3,108		$	26.17
Granted		3		$	37.50
Exercised		(151)		$	18.42
Forfeited/Cancelled		(4)		$	22.75
Outstanding at June 30, 2023		2,956		$	26.59		4.1	years		$	39
Exercisable at June 30, 2023		1,356		$	25.69		3.9	years		$	19

Formula One Group

Schedule Of Outstanding Options To Purchase Liberty Common Stock


		Series C
							Weighted			Aggregate
							average			intrinsic
		Liberty					remaining			value
		options (000's)		WAEP			life			(millions)
Outstanding at January 1, 2023		7,086		$	36.18
Granted		79		$	74.61
Exercised		(863)		$	30.23
Forfeited/Cancelled		—		$	—
Outstanding at June 30, 2023		6,302		$	37.48		3.5	years		$	238
Exercisable at June 30, 2023		4,832		$	35.26		3.3	years		$	193