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, 2023

Schedule of Stock-Based Compensation Allocation of Expense


		Three months ended
		March 31,
		2023			2022

		amounts in millions
Cost of Sirius XM Holdings services:
Programming and content		$	7		8
Customer service and billing			1		1
Other			1		1
Other operating expense			11		8
Selling, general and administrative			36		37
		$	56		55

Schedule of options granted and weighted average grant date fair value


	Three Months Ended
	March 31, 2023
	Options		Weighted
	granted		average
	(000's)		GDFV
Series C Liberty SiriusXM common stock, Liberty CEO (1)	370		$	10.34
Series C Liberty Formula One common stock, Formula 1 employee (2)	71		$	30.70

(1)

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

(2)

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		370		$	31.19
Exercised		(213)		$	32.61
Forfeited/Cancelled		(980)		$	31.33
Outstanding at March 31, 2023		6,039		$	40.94		3.4	years		$	—
Exercisable at March 31, 2023		3,722		$	39.97		2.6	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		—		$	—
Exercised		(146)		$	18.32
Forfeited/Cancelled		(4)		$	22.75
Outstanding at March 31, 2023		2,958		$	26.57		4.3	years		$	21
Exercisable at March 31, 2023		1,357		$	25.68		4.1	years		$	11

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		71		$	75.12
Exercised		(669)		$	29.06
Forfeited/Cancelled		—		$	—
Outstanding at March 31, 2023		6,488		$	37.34		3.7	years		$	243
Exercisable at March 31, 2023		5,002		$	35.08		3.5	years		$	199