jvidÊÓƵ

Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.20.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Stock-Based Compensation Ìý
Schedule of number and weighted average GDFV of option granted

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For the Years ended December 31,

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2020

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2019

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2018

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Options Granted (000's)

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Weighted Average GDFV

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Options Granted (000's)

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Weighted Average GDFV

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Options Granted (000's)

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Weighted Average GDFV

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Series A jvidÊÓƵ common stock, QVC and HSN employees (1)

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4,200

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$

1.96

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2,503

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$

4.07

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3,783

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$

8.77

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Series A jvidÊÓƵ common stock, Zulily employees (1)

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618

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$

1.94

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328

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$

4.08

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336

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$

8.65

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Series A jvidÊÓƵ common stock, jvidÊÓƵ employees and directors (2)

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747

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$

4.86

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639

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$

3.97

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72

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$

7.31

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Series A jvidÊÓƵ common stock, jvidÊÓƵ President and CEO (3)

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NA

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NA

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NA

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NA

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577

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$

7.09

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Series A jvidÊÓƵ common stock, jvidÊÓƵ Chairman of the Board (4)

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1,191

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$

4.88

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2,134

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$

3.44

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NA

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NA

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Series B jvidÊÓƵ common stock, jvidÊÓƵ Chairman of the Board (4)

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NA

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NA

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26

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$

5.84

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175

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$

8.84

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Series B Ventures Group common stock, jvidÊÓƵ Chairman of the Board (4)

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NA

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NA

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NA

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NA

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143

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$

16.55

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(1) Vests semi-annually over four years.
(2) Vests between two and five years for employees and in one year for directors.
(3) Vested 50% on each of December 15, 2019 and December 15, 2020. Ìý
(4) The grants made in December 2020 and December 2019 in connection with the Chairman’s new employment agreement cliff vest in December 2024 and December 2023, respectively. The grant made in March 2019 vested immediately. The grants made in 2018 cliff vested at the end of the grant year. Grants made in 2019 and 2018 were in connection with the Chairman’s previous employment agreement (see notes 1 and 11).
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

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Volatility

Ìý

2020 grants

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

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jvidÊÓƵ options

Ìý

46.8

%ÌýÌý

-

54.8

%ÌýÌý

2019 grants

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

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jvidÊÓƵ options

Ìý

30.1

%ÌýÌý

-

44.8

%ÌýÌý

2018 grants

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

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jvidÊÓƵ options

Ìý

29.7

%ÌýÌý

-

30.5

%ÌýÌý

Liberty Ventures options

Ìý

27.9

%ÌýÌý

-

27.9

%ÌýÌý

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

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jvidÊÓƵ

Ìý

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SeriesÌýA

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SeriesÌýB

Ìý

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Weighted

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Aggregate

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Weighted

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Aggregate

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average

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Ìýintrinsic

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average

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Ìýintrinsic

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Awards

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remaining

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value

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Awards

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remaining

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value

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ÌýÌýÌýÌý

(000's)

ÌýÌýÌýÌý

WAEP

ÌýÌýÌýÌý

life

ÌýÌýÌýÌý

(in millions)

ÌýÌýÌýÌý

(000's)

ÌýÌýÌýÌý

WAEP

ÌýÌýÌýÌý

life

ÌýÌýÌýÌý

(in millions)

Ìý

Outstanding at JanuaryÌý1, 2020

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23,248

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$

21.28

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1,844

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$

27.09

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Ìý

Granted

Ìý

6,756

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$

6.15

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Ìý

—

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$

—

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Exercised

Ìý

(1,297)

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$

2.95

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Ìý

—

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$

—

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Forfeited/Cancelled

Ìý

(5,958)

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$

17.12

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Ìý

—

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$

—

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Special Dividend adjustment

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15,145

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$

11.19

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1,182

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$

16.51

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December Special Dividend adjustment

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2,659

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$

10.56

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217

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$

15.39

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Outstanding at December 31, 2020

Ìý

40,553

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$

10.61

Ìý

4.2

years

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$

108

Ìý

3,243

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$

15.39

Ìý

2.1

years

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$

—

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Exercisable at December 31, 2020

Ìý

22,874

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$

14.12

Ìý

2.9

years

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$

13

Ìý

3,243

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$

15.39

Ìý

2.1

years

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$

—

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