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, 2021

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended					Six months ended
		June 30,					June 30,
		2021			2020		2021		2020

		amounts in millions
Cost of services:
Programming and content		$	8		7		16		15
Customer service and billing			2		1		3		3
Other			2		2		3		3
Other operating expense			7		9		17		20
Selling, general and administrative			41		26		84		71
		$	60		45		123		112

Schedule of options granted and weighted average grant date fair value


	Six Months Ended
	June 30, 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		(172)		$	31.64
Forfeited/Cancelled		—		$	—
Outstanding at June 30, 2021		10,988		$	35.28		2.8	years		$	123
Exercisable at June 30, 2021		8,541		$	32.65		1.9	years		$	117

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		(9)		$	16.94
Forfeited/Cancelled		—		$	—
Outstanding at June 30, 2021		3,482		$	24.86		5.1	years		$	11
Exercisable at June 30, 2021		1,005		$	19.04		2.2	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		(54)		$	21.18
Forfeited/Cancelled		—		$	—
Outstanding at June 30, 2021		11,085		$	32.78		4.2	years		$	171
Exercisable at June 30, 2021		8,945		$	30.46		3.7	years		$	159