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Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.6
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Share-based Compensation [Abstract] Ìý
Schedule Of Employee Service Share-Based Compensation, Allocation Of Recognized Period Costs
Included in selling, general and administrative expenses in the accompanying condensed consolidated statements of operations are the following amounts of stock-based compensation (amounts in millions):
Three months ended:
Ìý
SeptemberÌý30, 2012
$
18

SeptemberÌý30, 2011
$
2

Nine months ended:
Ìý

SeptemberÌý30, 2012
$
53

SeptemberÌý30, 2011
$
32

Table Presents The Number And Weighted Average Exercise Price (WAEP) Of Certain Options And SARs To Purchase Common Stock Granted To Certain Officers, Employees And Directors Of The Company
The following tables present the number and weighted average exercise price ("WAEP") of the Awards to purchase Liberty Interactive and Liberty Ventures common stock granted to certain officers, employees and directors of the Company. In connection with the recapitalization, in August 2012, all outstanding option awards and SARs with respect to the then-existing Series A and Series B Liberty Interactive common stock (each an "original Liberty Interactive award") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the equity awards were granted, such that a holder of an original Liberty Interactive award received (i) an adjustment to the exercise price or base price, as applicable, and number of shares relating to the original Liberty Interactive award (as so adjusted, an "adjusted Liberty Interactive award") and (ii) an equity award relating to shares of the corresponding series of Liberty Ventures common stock (a "new Liberty Ventures award"). The exercise prices and number of shares subject to the new Liberty Ventures award and the adjusted Liberty Interactive award were determined based on 1) the exercises prices and number of shares subject to the original Liberty Interactive award, 2) the distribution ratio of 0.05, 3) the pre-distribution trading price of the Liberty Interactive common stock and 4) the post-distribution trading prices of the Liberty Interactive common stock and Liberty Ventures common stock, such that the pre-distribution intrinsic value of the original Liberty Interactive award was allocated between the new Liberty Ventures award and the adjusted Liberty Interactive award for the Company's corporate employees and directors. For employees of subsidiaries attributed to the Liberty Interactive Group, the pre-distribution intrinsic value of the original Liberty Interactive award was maintained solely within the adjusted Liberty Interactive award.
Ìý
Liberty Interactive
Ìý
Series A (000's)
Ìý
WAEP
Ìý
Series B (000's)
Ìý
WAEP
Outstanding at January 1, 2012
45,223

Ìý
$
12.06

Ìý
450

Ìý
$
19.74

Granted
2,717

Ìý
$
18.63

Ìý
—

Ìý
$
—

Exercised
(5,634
)
Ìý
$
8.18

Ìý
—

Ìý
$
—

Forfeited/Cancelled
(279
)
Ìý
$
16.59

Ìý
—

Ìý
$
—

Liberty Ventures Adjustment
413

Ìý
$
8.39

Ìý
(18
)
Ìý
$
17.92

Outstanding at September 30, 2012
42,440

Ìý
$
11.71

Ìý
432

Ìý
$
17.92

Exercisable at September 30, 2012
15,394

Ìý
$
11.76

Ìý
432

Ìý
$
17.92


Ìý
Liberty Ventures
Ìý
Series A (000's)
Ìý
WAEP
Ìý
Series B (000's)
Ìý
WAEP
Outstanding at January 1, 2012
—

Ìý
$
—

Ìý
—

Ìý
$
—

Granted
—

Ìý
$
—

Ìý
—

Ìý
$
—

Exercised
(48
)
Ìý
$
18.95

Ìý
—

Ìý
$
—

Forfeited/Cancelled
—

Ìý
$
—

Ìý
—

Ìý
$
—

Liberty Ventures Adjustment
1,588

Ìý
$
30.69

Ìý
22

Ìý
$
46.69

Outstanding at September 30, 2012
1,540

Ìý
$
31.06

Ìý
22

Ìý
$
46.69

Exercisable at September 30, 2012
519

Ìý
$
33.74

Ìý
22

Ìý
$
46.69

Schedule Of Outstanding Options To Purchase Liberty Common Stock
The following table provides additional information about outstanding Awards to purchase Liberty common stock at SeptemberÌý30, 2012.
Ìý
No. of
outstanding
Awards (000's)
Ìý
WAEP of
outstanding
Awards
Ìý
Weighted
average
remaining
life
Ìý
Aggregate
intrinsic
value
(000's)
Ìý
No. of
exercisable
Awards
(000's)
Ìý
WAEP of
exercisable
Awards
Ìý
Weighted
average
remaining
life
Ìý
Aggregate
intrinsic
value
(000's)
SeriesÌýA Liberty Interactive
42,440

Ìý
$
11.71

Ìý
5.1 years
Ìý
$
294,820

Ìý
15,394

Ìý
$
11.76

Ìý
2.8 years
Ìý
$
110,418

SeriesÌýB Liberty Interactive
432

Ìý
$
17.92

Ìý
2.7 years
Ìý
$
225

Ìý
432

Ìý
$
17.92

Ìý
2.7 years
Ìý
$
225

SeriesÌýA Liberty Ventures
1,540

Ìý
$
31.06

Ìý
4.6 years
Ìý
$
29,338

Ìý
519

Ìý
$
33.74

Ìý
2.1 years
Ìý
$
8,974

SeriesÌýB Liberty Ventures
22

Ìý
$
46.69

Ìý
2.7 years
Ìý
$
58

Ìý
22

Ìý
$
46.69

Ìý
2.7 years
Ìý
$
58