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)

3 Months Ended

Mar. 31, 2022

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended
		March 31,
		2022			2021

		amounts in millions
Cost of Sirius XM Holdings services:
Programming and content		$	8		8
Customer service and billing			1		1
Other			1		1
Other operating expense			8		10
Selling, general and administrative			37		43
		$	55		63

Schedule of options granted and weighted average grant date fair value


	Three Months Ended
	March 31, 2022
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty CEO (1)	212		$	14.45
Series C Liberty Formula One common stock, Liberty CEO (1)	181		$	21.31
Series C Liberty Formula One common stock, Formula 1 employees (2)	86		$	21.31
Series C Liberty Braves common stock, Liberty CEO (1)	95		$	9.16

(1)

Grants cliff vest on December 30, 2022. Grants were made in connection with the CEO’s employment agreement.

(2)

Grants vest in equal quarterly installments over 2022.

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, 2022		7,369		$	38.79
Granted		212		$	44.80
Exercised		(423)		$	31.27
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2022		7,158		$	39.41		3.5	years		$	47
Exercisable at March 31, 2022		4,789		$	36.84		2.5	years		$	43

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, 2022		9,114		$	34.38
Granted		267		$	57.67
Exercised		(531)		$	30.81
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2022		8,850		$	35.30		4.2	years		$	306
Exercisable at March 31, 2022		6,997		$	32.62		3.9	years		$	260

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, 2022		3,125		$	25.86
Granted		95		$	25.49
Exercised		(54)		$	18.22
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2022		3,166		$	25.98		5.0	years		$	7
Exercisable at March 31, 2022		595		$	20.80		2.5	years		$	4