Stock-Based Compensation (Tables)
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9 Months Ended |
Sep. 30, 2022 |
Schedule of Stock-Based Compensation Allocation of Expense |
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
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ÌýÌýÌýÌý |
2022 |
ÌýÌýÌýÌý |
2021 |
ÌýÌýÌýÌý |
2022 |
ÌýÌýÌýÌý |
2021 |
Ìý |
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amountsÌýinÌýmillions |
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Cost of Sirius XM Holdings services: |
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Programming and content |
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$ |
10 |
Ìý |
8 |
Ìý |
26 |
Ìý |
24 |
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Customer service and billing |
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Ìý |
1 |
Ìý |
2 |
Ìý |
4 |
Ìý |
5 |
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Other |
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Ìý |
1 |
Ìý |
1 |
Ìý |
4 |
Ìý |
4 |
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Other operating expense |
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Ìý |
10 |
Ìý |
9 |
Ìý |
27 |
Ìý |
26 |
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Selling, general and administrative |
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Ìý |
39 |
Ìý |
45 |
Ìý |
112 |
Ìý |
129 |
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$ |
61 |
Ìý |
65 |
Ìý |
173 |
Ìý |
188 |
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Schedule of options granted and weighted average grant date fair value |
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Nine Months Ended |
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September 30, 2022 |
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Options |
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Weighted |
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granted |
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average |
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(000's) |
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GDFV |
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SeriesÌýC Liberty SiriusXM common stock, Liberty CEO (1) |
212 |
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$ |
14.45 |
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SeriesÌýC Liberty Formula One common stock, Liberty CEO (1) |
181 |
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$ |
21.31 |
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SeriesÌýC Liberty Formula One common stock, Formula 1 employees (2) |
86 |
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$ |
21.31 |
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SeriesÌýC Liberty Braves common stock, Liberty CEO (1) |
95 |
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$ |
9.16 |
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(1) |
Grants cliff vest on December 30, 2022. Grants were made in connection with the CEO’s employment agreement. |
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(2) |
Grants vest in equal quarterly installments over 2022. |
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Liberty SiriusXM Group |
Ìý
|
Schedule Of Outstanding Options To Purchase Liberty Common Stock |
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SeriesÌýC |
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ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
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ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
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average |
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intrinsic |
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Liberty |
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remaining |
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value |
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AwardsÌý(000's) |
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WAEP |
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life |
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(millions) |
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Outstanding at JanuaryÌý1, 2022 |
Ìý |
7,369 |
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$ |
38.79 |
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Granted |
Ìý |
212 |
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$ |
44.80 |
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Exercised |
Ìý |
(536) |
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$ |
31.36 |
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Forfeited/Cancelled |
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— |
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$ |
— |
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Outstanding at September 30, 2022 |
Ìý |
7,045 |
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$ |
39.54 |
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3.0 |
years |
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$ |
12 |
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Exercisable at September 30, 2022 |
Ìý |
4,723 |
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$ |
37.06 |
Ìý |
2.0 |
years |
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$ |
12 |
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Formula One Group |
Ìý
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Schedule Of Outstanding Options To Purchase Liberty Common Stock |
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SeriesÌýC |
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ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
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ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
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average |
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intrinsic |
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Liberty |
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remaining |
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value |
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AwardsÌý(000's) |
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WAEP |
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life |
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(millions) |
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Outstanding at JanuaryÌý1, 2022 |
Ìý |
9,114 |
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$ |
34.38 |
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Granted |
Ìý |
267 |
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$ |
57.67 |
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Exercised |
Ìý |
(2,057) |
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$ |
32.00 |
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Forfeited/Cancelled |
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— |
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$ |
— |
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Outstanding at September 30, 2022 |
Ìý |
7,324 |
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$ |
35.91 |
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4.0 |
years |
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$ |
166 |
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Exercisable at September 30, 2022 |
Ìý |
5,552 |
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$ |
32.95 |
Ìý |
3.6 |
years |
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$ |
142 |
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Braves Group |
Ìý
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Schedule Of Outstanding Options To Purchase Liberty Common Stock |
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SeriesÌýC |
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ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
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ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
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average |
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intrinsic |
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Liberty |
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remaining |
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value |
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AwardsÌý(000's) |
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WAEP |
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life |
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(millions) |
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Outstanding at JanuaryÌý1, 2022 |
Ìý |
3,125 |
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$ |
25.86 |
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Granted |
Ìý |
95 |
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$ |
25.49 |
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