Stock-Based Compensation (Tables)
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12 Months Ended |
Dec. 31, 2020 |
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| Schedule of options granted and weighted average grant date fair value |
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³Û±ð²¹°ù²õÌý±ð²Ô»å±ð»åÌý¶Ù±ð³¦±ð³¾²ú±ð°ùÌý31, |
Ìý |
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2020 |
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2019 |
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2018 |
Ìý |
​ |
​ |
Options |
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Weighted |
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Options |
​ |
Weighted |
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Options |
​ |
Weighted |
Ìý |
​ |
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granted |
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average |
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granted |
​ |
average |
​ |
granted |
​ |
average |
Ìý |
​ |
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(000's) |
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GDFV |
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(000's) |
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GDFV |
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(000's) |
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GDFV |
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SeriesÌýC èßäÉçÇø SiriusXM common stock, èßäÉçÇø employees and directors (1) |
​ |
372 |
​ |
$ |
12.12 |
​ |
179 |
​ |
$ |
11.62 |
​ |
33 |
​ |
$ |
11.09 |
​ |
SeriesÌýC èßäÉçÇø SiriusXM common stock, èßäÉçÇø CEO (2) |
​ |
1,053 |
​ |
$ |
11.03 |
​ |
1,419 |
​ |
$ |
11.23 |
​ |
633 |
​ |
$ |
11.56 |
​ |
SeriesÌýC èßäÉçÇø Formula One common stock, èßäÉçÇø employees and directors (1) |
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305 |
​ |
$ |
14.29 |
​ |
139 |
​ |
$ |
12.70 |
​ |
21 |
​ |
$ |
8.99 |
​ |
SeriesÌýC èßäÉçÇø Formula One common stock, èßäÉçÇø CEO (2) |
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791 |
​ |
$ |
12.42 |
​ |
815 |
​ |
$ |
11.67 |
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139 |
​ |
$ |
8.80 |
​ |
SeriesÌýC èßäÉçÇø Formula One common stock, Formula 1 employees (3) |
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1,435 |
​ |
$ |
7.55 |
​ |
2,005 |
​ |
$ |
9.79 |
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1,888 |
​ |
$ |
8.64 |
​ |
SeriesÌýC èßäÉçÇø Braves common stock, èßäÉçÇø employees and directors (1) |
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146 |
​ |
$ |
7.79 |
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62 |
​ |
$ |
7.33 |
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5 |
​ |
$ |
7.14 |
​ |
SeriesÌýC èßäÉçÇø Braves common stock, èßäÉçÇø CEO (2) |
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489 |
​ |
$ |
7.26 |
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320 |
​ |
$ |
7.36 |
​ |
46 |
​ |
$ |
6.44 |
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Series C èßäÉçÇø Braves common stock, Braves employees (4) |
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1,585 |
​ |
$ |
8.52 |
​ |
— |
​ |
$ |
— |
​ |
— |
​ |
$ |
— |
​ |
| (1) |
Mainly vests between two and five years for employees and in one year for directors.
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| (2) |
Grants made in March 2020 cliff vested in December 2020, and grants made in December 2020 in connection with the CEO’s new employment agreement cliff vest in December 2024. Grants made in March 2019 mainly cliff vested in December 2019, and grants made in December 2019 in connection with the CEO’s new employment agreement cliff vest in December 2023. See discussion in note 13 regarding the new compensation agreement with the Company’s CEO. Grants in 2018 vested in December 2018. |
| (3) |
Vest monthly over one year.
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| (4) |
Vest 50% in each of December 2022 and December 2023.
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| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions |
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Volatility |
Ìý |
2020 grants |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
èßäÉçÇø options |
Ìý |
21.8 |
% |
- |
37.2 |
% |
2019 grants |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
èßäÉçÇø options |
Ìý |
21.8 |
% |
- |
27.5 |
% |
2018 grants |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
èßäÉçÇø options |
Ìý |
23.5 |
% |
- |
26.0 |
% |
|
| èßäÉçÇø SiriusXM Group | Common Class C |
Ìý
|
| Schedule of stock awards activity |
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​ |
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​ |
​ |
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SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
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èßäÉçÇø |
​ |
​ |
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remaining |
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value |
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​ |
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AwardsÌý(000's) |
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WAEP |
​ |
life |
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(in millions) |
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Outstanding at JanuaryÌý1, 2020 |
Ìý |
9,817 |
​ |
$ |
33.90 |
​ |
​ |
​ |
​ |
​ |
​ |
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Granted |
Ìý |
1,425 |
​ |
$ |
41.26 |
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​ |
​ |
​ |
​ |
​ |
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Exercised |
Ìý |
(372) |
​ |
$ |
31.10 |
​ |
​ |
​ |
​ |
​ |
​ |
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Forfeited/Cancelled |
​ |
— |
​ |
$ |
— |
​ |
​ |
​ |
​ |
​ |
​ |
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Outstanding at December 31, 2020 |
Ìý |
10,870 |
​ |
$ |
34.96 |
Ìý |
3.2 |
years |
​ |
$ |
97 |
​ |
Exercisable at DecemberÌý31, 2020 |
Ìý |
8,705 |
​ |
$ |
32.62 |
Ìý |
2.4 |
years |
​ |
$ |
95 |
​ |
|
| Braves Group | Common Class C |
Ìý
|
| Schedule of stock awards activity |
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SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
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average |
​ |
intrinsic |
​ |
​ |
​ |
èßäÉçÇø |
​ |
​ |
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remaining |
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value |
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AwardsÌý(000's) |
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WAEP |
​ |
life |
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(in millions) |
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Outstanding at JanuaryÌý1, 2020 |
Ìý |
1,267 |
​ |
$ |
21.82 |
​ |
​ |
​ |
​ |
​ |
​ |
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Granted |
Ìý |
2,220 |
​ |
$ |
26.48 |
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​ |
​ |
​ |
​ |
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Exercised |
Ìý |
(12) |
​ |
$ |
17.10 |
​ |
​ |
​ |
​ |
​ |
​ |
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Forfeited/Cancelled |
​ |
— |
​ |
$ |
— |
​ |
​ |
​ |
​ |
​ |
​ |
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Outstanding at December 31, 2020 |
Ìý |
3,475 |
​ |
$ |
24.81 |
Ìý |
5.6 |
years |
​ |
$ |
6 |
​ |
Exercisable at DecemberÌý31, 2020 |
Ìý |
1,012 |
​ |
$ |
19.02 |
Ìý |
2.7 |
years |
​ |
$ |
6 |
​ |
|
| Formula One Group | Common Class C |
Ìý
|
| Schedule of stock awards activity |
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​ |
​ |
SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
​ |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
​ |
èßäÉçÇø |
​ |
​ |
​ |
​ |
remaining |
​ |
value |
​ |
​ |
​ |
ÌýAwardsÌý(000's) |
​ |
WAEP |
​ |
life |
​ |
(in millions) |
​ |
Outstanding at JanuaryÌý1, 2020 |
Ìý |
8,284 |
​ |
$ |
31.16 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Granted |
Ìý |
2,531 |
​ |
$ |
33.35 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Exercised |
Ìý |
(424) |
​ |
$ |
29.06 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Forfeited/Cancelled |
Ìý |
— |
​ |
$ |
— |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Outstanding at December 31, 2020 |
Ìý |
10,391 |
​ |
$ |
31.78 |
Ìý |
4.5 |
years |
​ |
$ |
114 |
​ |
Exercisable at DecemberÌý31, 2020 |
Ìý |
8,113 |
​ |
$ |
29.84 |
Ìý |
4.0 |
years |
​ |
$ |
104 |
​ |
|