Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.22.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Schedule of options granted and weighted average grant date fair value

Years ended December 31,

 

2021

2020

2019

 

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)

66

$

14.54

372

$

12.12

179

$

11.62

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

257

$

13.73

1,053

$

11.03

1,419

$

11.23

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

55

$

18.79

305

$

14.29

139

$

12.70

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

$

791

$

12.42

815

$

11.67

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

718

$

15.96

1,435

$

7.55

2,005

$

9.79

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

23

$

9.93

146

$

7.79

62

$

7.33

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

$

489

$

7.26

320

$

7.36

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

$

1,585

$

8.52

$

(1) Mainly vests between two and five years for employees and in one year for directors.
(2) 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. Grants made in March 2019 mainly cliff vested in December 2019, and grants made in December 2019 in connection with the CEO’s employment agreement cliff vest in December 2023. See discussion in note 14 regarding the compensation agreement with the Company’s CEO.
(3) Grants made in 2021 vest in equal quarterly installments over 2021. Grants made in 2020 and 2019 vest monthly over one year.
(4) Grants made in December 2020 vest 50% in each of December 2022 and December 2023.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Volatility

 

2021 grants

    

    

    

    

Liberty options

 

30.9

%

-

37.4

%

2020 grants

    

    

    

    

Liberty options

 

21.8

%

-

37.2

%

2019 grants

    

    

    

    

Liberty options

 

21.8

%

-

27.5

%

Liberty SiriusXM Group  
Schedule of stock awards activity

Series C

    

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

Awards (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2021

 

10,870

$

34.96

Granted

 

323

$

45.79

Exercised

 

(3,823)

$

28.48

Forfeited/Cancelled

(1)

$

42.62

Outstanding at December 31, 2021

 

7,369

$

38.79

 

3.4

years

$

89

Exercisable at December 31, 2021

 

5,213

$

36.39

 

2.6

years

$

75

Formula One Group  
Schedule of stock awards activity

Series C

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

 Awards (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2021

 

10,391

$

31.78

Granted

 

773

$

46.40

Exercised

 

(2,050)

$

25.71

Forfeited/Cancelled

 

$

Outstanding at December 31, 2021

 

9,114

$

34.38

 

4.2

years

$

263

Exercisable at December 31, 2021

 

7,507

$

32.42

 

4.0

years

$

231

Braves Group  
Schedule of stock awards activity

Series C

    

    

    

    

Weighted

    

Aggregate

average

intrinsic

Liberty

remaining

value

Awards (000's)

WAEP

life

(in millions)

Outstanding at January 1, 2021

 

3,475

$

24.81

Granted

 

23

$

30.17

Exercised

 

(373)

$

16.39

Forfeited/Cancelled

$

Outstanding at December 31, 2021

 

3,125

$

25.86

 

5.1

years

$

7

Exercisable at December 31, 2021

 

649

$

20.58

 

2.6

years

$

5