Liberty TripAdvisor Holdings, 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, 2023

Schedule of stock-based compensation expense


	Three months ended			Nine months ended
	September 30,			September 30,
	2023		2022	2023	2022

	amounts in millions
Operating expense	$	10	9	31	28
Selling, general and administrative expense		15	14	43	40
	$	25	23	74	68

Series A

Schedule of stock-based compensation activity


				Weighted
				average
				remaining	Aggregate
				contractual	intrinsic
	Series A	WAEP		life	value
	in thousands			in years	in millions
Outstanding at January 1, 2023	1,102	$	6.65
Granted	—	$	—
Exercised	—	$	—
Forfeited/Cancelled	—	$	—
Outstanding at September 30, 2023	1,102	$	6.65	3.4	$	—
Exercisable at September 30, 2023	815	$	7.45	3.2	$	—

TripAdvisor

Schedule of stock-based compensation activity


				Weighted
				average
	TRIP			remaining	Aggregate
	common stock			contractual	intrinsic
	options	WAEP		life	value
	in thousands			in years	in millions
Outstanding at January 1, 2023	5,462	$	43.48
Granted	150	$	20.51
Cancelled or expired (1)	(1,622)	$	60.21
Outstanding at September 30, 2023	3,990	$	35.81	5.4	$	—
Exercisable at September 30, 2023	2,846	$	40.01	4.1	$	—
Vested and expected to vest after September 30, 2023	3,844	$	36.14	5.3	$	—

(1)

Inclusive of 1.1 million stock options awarded in August 2013 to Tripadvisor’s former CEO, that expired during the third quarter of 2023. The expiration of these stock options had no impact on Tripadvisor’s stock compensation expense under GAAP during the third quarter of 2023.