Qurate Retail, Inc. 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)

9 Months Ended

Sep. 30, 2021

Schedule of number and weighted average GDFV of option granted


	Nine months ended
	September 30, 2021
	Options Granted (000's)	Weighted Average GDFV

Series A Qurate Retail common stock, QVC and HSN employees (1)	895	$	6.75
Series A Qurate Retail common stock, Zulily employees (1)	79	$	6.74
Series A Qurate Retail common stock, Qurate Retail employees (2)	63	$	6.18
Series A Qurate Retail common stock, David Rawlinson II (3)	1,185	$	5.02

(1)

Grants vest semi-annually over four years.

(2)

Grants vest between two and three years.

(3)

Grant vests in two equal tranches on December 31, 2023 and December 31, 2024. Grant was made in connection with the employment agreement of Mr. Rawlinson, President and Chief Executive Officer of the Company (see note 8).

Common Class A

Schedule of number, weighted average exercise price ("WAEP"), Weighted average remaining life and aggregate intrinsic value of the awards



				Weighted		Aggregate
				average		intrinsic
	Series A			remaining		value
	(000's)	WAEP		life		(millions)
Outstanding at January 1, 2021	40,553	$	10.61
Granted	2,222	$	11.63
Exercised	(2,304)	$	5.94
Forfeited/Cancelled	(3,210)	$	12.96
Outstanding at September 30, 2021	37,261	$	10.76	3.7	years	$	79
Exercisable at September 30, 2021	22,420	$	13.65	2.5	years	$	17

Common Class B

Schedule of number, weighted average exercise price ("WAEP"), Weighted average remaining life and aggregate intrinsic value of the awards



				Weighted		Aggregate
				average		intrinsic
	Series B			remaining		value
	(000's)	WAEP		life		(millions)
Outstanding at January 1, 2021	3,243	$	15.39
Granted	—	$	—
Exercised	—	$	—
Forfeited/Cancelled	(1,335)	$	16.93
Outstanding at September 30, 2021	1,908	$	14.31	2.0	years	$	—
Exercisable at September 30, 2021	1,908	$	14.31	2.0	years	$	—