º¬Ð߲ݴ«Ã½

Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Share-based Compensation [Abstract] Ìý
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table presents the range of volatilities used by Liberty in the Black-Scholes Model for the 2012, 2011 and 2010 Liberty Interactive and Liberty Ventures grants.
Ìý
Ìý
Volatility
2012 grants
Ìý
Ìý
Ìý
Ìý
Liberty Interactive options
28.2
%
-
47.51
%
Ìý
Liberty Ventures options
47.5
%
-
49.94
%
2011 grants
Ìý
Ìý
Ìý
Ìý
Liberty Interactive options
44.8
%
-
47.51
%
2010 grants
Ìý
Ìý
Ìý
Ìý
Liberty Interactive options
44.8
%
-
46.4
%
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 table presents 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 substantially all of 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
Ìý
WAEP
Ìý
Series B
Ìý
WAEP
Ìý
Number of Options in thousands
Outstanding at JanuaryÌý1, 2012
45,223

Ìý
$
12.06

Ìý
450

Ìý
$
19.74

Granted
3,413

Ìý
$
18.85

Ìý
—

Ìý
$
—

Exercised
(9,853
)
Ìý
$
9.64

Ìý
—

Ìý
$
—

Forfeited/Cancelled/Exchanged
(737
)
Ìý
$
14.44

Ìý
—

Ìý
$
—

Liberty Ventures adjustment
413

Ìý
$
8.39

Ìý
(18
)
Ìý
$
17.92

Option Exchange, Exercised
(24,706
)
Ìý
$
10.93

Ìý
—

Ìý
$
—

Option Exchange, Granted
20,086

Ìý
$
19.26

Ìý
—

Ìý
$
—

Outstanding at December 31, 2012
33,839

Ìý
$
16.92

Ìý
432

Ìý
$
17.92

Exercisable at December 31, 2012
12,929

Ìý
$
15.56

Ìý
432

Ìý
$
17.92



Ìý
Liberty Ventures
Ìý
Series A
Ìý
WAEP
Ìý
Series B
Ìý
WAEP
Ìý
Number of Options in thousands
Outstanding at JanuaryÌý1, 2012
—

Ìý
$
—

Ìý
—

Ìý
—

Granted
36

Ìý
$
58.49

Ìý
—

Ìý
—

Exercised
(181
)
Ìý
$
30.91

Ìý
—

Ìý
—

Forfeited/Cancelled/Exchanged
(19
)
Ìý
$
34.05

Ìý
—

Ìý
—

Liberty Ventures adjustment
1,588

Ìý
$
30.69

Ìý
22

Ìý
$
46.69

ÌýÌýÌýOption Exchange, Exercised
(1,174
)
Ìý
$
27.96

Ìý
—

Ìý
—

ÌýÌýÌýOption Exchange, Granted
905

Ìý
$
58.80

Ìý
—

Ìý
—

Outstanding at December 31, 2012
1,155

Ìý
$
56.26

Ìý
22

Ìý
$
46.69

Exercisable at December 31, 2012
449

Ìý
$
52.91

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 DecemberÌý31, 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
33,839

Ìý
$
16.92

Ìý
5.7 years
Ìý
$
97,886

Ìý
12,929

Ìý
$
15.56

Ìý
4.5 years
Ìý
$
57,484

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
1,155

Ìý
$
56.26

Ìý
6.0 years
Ìý
$
13,326

Ìý
449

Ìý
$
52.91

Ìý
4.6 years
Ìý
$
6,710

SeriesÌýB Liberty Ventures
22

Ìý
$
46.69

Ìý
2.7 years
Ìý
$
58

Ìý
22

Ìý
$
46.69

Ìý
2.7 years
Ìý
$
58