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, 2020

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended					Six months ended
		June 30,					June 30,
		2020			2019		2020		2019

		amounts in millions
Cost of services:
Programming and content		$	7		7		15		14
Customer service and billing			1		1		3		2
Other			2		2		3		3
Other operating expense			9		13		20		22
Selling, general and administrative			26		53		71		100
		$	45		76		112		141

Schedule of options granted and weighted average grant date fair value


	Six Months Ended
	June 30, 2020
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty employees (1)	13		$	9.71
Series C Liberty SiriusXM common stock, Liberty CEO (2)	388		$	8.72
Series C Liberty Formula One common stock, Liberty employees (1)	13		$	10.61
Series C Liberty Formula One common stock, Liberty CEO (2)	246		$	7.55
Series C Liberty Formula One common stock, Formula 1 employees (3)	1,435		$	7.55
Series C Liberty Braves common stock, Liberty employees (1)	6		$	6.05
Series C Liberty Braves common stock, Liberty CEO (2)	137		$	4.67

(1)

Grants vest between three and four years.

(2)

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

(3)

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		—		$	—								401		$	39.61
Exercised		(17)		$	19.94								(119)		$	28.47
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at June 30, 2020		5		$	31.00		0.4	years		$	—		10,099		$	34.19		3.3	years		$	31
Exercisable at June 30, 2020		5		$	31.00		0.4	years		$	—		7,975		$	32.24		2.7	years		$	29

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		—		$	—								143		$	20.12
Exercised		—		$	—								(11)		$	16.24
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at June 30, 2020		2		$	11.89		2.0	years		$	—		1,399		$	21.69		4.1	years		$	2
Exercisable at June 30, 2020		2		$	11.89		2.0	years		$	—		815		$	18.84		2.6	years		$	2

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		—		$	—								1,694		$	28.64
Exercised		—		$	—								(21)		$	17.79
Forfeited/Cancelled		—		$	—								—		$	—
Outstanding at June 30, 2020		1		$	12.63		2.5	years		$	—		9,957		$	30.76		4.8	years		$	28
Exercisable at June 30, 2020		1		$	12.63		2.5	years		$	—		7,339		$	30.01		4.2	years		$	21