2.4.0.822131100 - Disclosure - Stock Options and Other Share-Based Paymentstruefalsefalse1false falsefalseD2012http://www.sec.gov/CIK0001254699duration2012-01-01T00:00:002012-12-31T00:00:001true 1us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Stock Options and Other Share-Based Payments [Abstract]2false 2us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;"> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(11) Stock Options and Other Share-Based Payments</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">QVC employees and officers received stock options (the &#8220;Options&#8221;) and restricted shares in LINTA and LVNTA common stock in accordance with the Liberty Interactive Corporation 2000 Incentive Plan, as amended from time to time; the Liberty Interactive Corporation 2007 Incentive Plan, as amended from time to time and the Liberty Interactive Corporation 2010 Incentive Plan, as amended from time to time (collectively, the &#8220;Liberty Incentive Plan&#8221;).</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(a) Stock options</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">In August 2012, the LINTA stock was split into two tracking stocks, LINTA and LVNTA. The split was one LVNTA share for every 20 LINTA shares. Under the Liberty Incentive Plan, the Options have an exercise price equal to or greater than the fair market value of a share of LINTA and LVNTA common stock at the date of the grant. Under the Liberty Incentive Plan, the Options have a seven year term from the date of grant, with the Options generally becoming exercisable over four years from the date of grant, vesting in eight equal semi-annual traunches.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">For accounting purposes, the Options are classified as equity&#8209;based awards.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">During the fourth quarter of 2012, Liberty entered into an option exchange transaction that required a series of transactions with certain officers of the Company in order to recognize tax deductions associated with the stock options in the current year versus future years (the "Option Exchange"). On December 4, 2012 (the "Grant Date"), there was an acceleration of (i) each unvested in-the-money option to acquire shares of LINTA and (ii) each unvested in-the-money option to acquire shares of LVNTA, in each case, held by certain officers (collectively, the "Eligible Optionholders"). Following this acceleration, also on the Grant Date, each Eligible Optionholder exercised, on a net settled basis, substantially all of his or her outstanding in-the-money vested and unvested options to acquire LINTA shares and LVNTA shares (the "Eligible Options"), and:</font></div> <table style="text-align:left;FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; FONT-FAMILY: Times New Roman;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td style="WIDTH: 72px;"></td> <td></td></tr> <tr style="padding:0;"> <td style="VERTICAL-ALIGN: top;"> <div style="PADDING-LEFT: 48px; FONT-SIZE: 10pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8226;</font></div></td> <td style="VERTICAL-ALIGN: top;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">with respect to each vested Eligible Option, Liberty granted the Eligible Optionholder a vested new option with substantially the same terms and conditions as the exercised vested Eligible Option, except that the exercise price for the new option is the closing price per LINTA or LVNTA share, as applicable, on The Nasdaq Global Select Market on the Grant Date;</font></div></td></tr></table> <table style="text-align:left;FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; FONT-FAMILY: Times New Roman;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td style="WIDTH: 72px;"></td> <td></td></tr> <tr style="padding:0;"> <td style="VERTICAL-ALIGN: top;"> <div style="PADDING-LEFT: 48px; FONT-SIZE: 10pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8226;</font></div></td> <td style="VERTICAL-ALIGN: top;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">and with respect to each unvested Eligible Option:</font></div></td></tr></table> <table style="text-align:left;FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; FONT-FAMILY: Times New Roman;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td style="WIDTH: 96px;"></td> <td></td></tr> <tr style="padding:0;"> <td style="VERTICAL-ALIGN: top;"> <div style="PADDING-LEFT: 72px; FONT-SIZE: 10pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#9702;</font></div></td> <td style="VERTICAL-ALIGN: top;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">the Eligible Optionholder sold to Liberty the shares of LINTA or LVNTA, as applicable, received upon exercise of such unvested Eligible Option on the Grant Date for cash equal to the closing price per LINTA or LVNTA share, as applicable, on The Nasdaq Global Select Market on the grant date;</font></div></td></tr></table> <table style="text-align:left;FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; FONT-FAMILY: Times New Roman;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td style="WIDTH: 96px;"></td> <td></td></tr> <tr style="padding:0;"> <td style="VERTICAL-ALIGN: top;"> <div style="PADDING-LEFT: 72px; FONT-SIZE: 10pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#9702;</font></div></td> <td style="VERTICAL-ALIGN: top;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">each Eligible Optionholder used the proceeds of that net sale to purchase from Liberty at that price an equal number of restricted LINTA or LVNTA shares, as applicable; which have a vesting schedule identical to that of the exercised unvested Eligible Option; and</font></div></td></tr></table> <table style="text-align:left;FONT-SIZE: 10pt; PADDING-BOTTOM: 16px; FONT-FAMILY: Times New Roman;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td style="WIDTH: 96px;"></td> <td></td></tr> <tr style="padding:0;"> <td style="VERTICAL-ALIGN: top;"> <div style="PADDING-LEFT: 72px; FONT-SIZE: 10pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#9702;</font></div></td> <td style="VERTICAL-ALIGN: top;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Liberty granted the Eligible Optionholder an unvested new option, with substantially the same terms and conditions as the exercised unvested Eligible Option, except that (a) the number of shares underlying the new option is equal to the number of shares underlying such exercised unvested Eligible Option less the number of restricted shares purchased from Liberty as described above and (b) the exercise price of the new option is the closing price per LINTA or LVNTA share, as applicable, on The Nasdaq Global Select Market on the grant date.</font></div></td></tr></table> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">This Option Exchange was considered a modification under ASC 718-Stock Compensation. The unamortized value of the unvested Eligible Options that were exercised was $25 million, of which $23 million related to LINTA and $2 million related to LVNTA, and will be expensed over the vesting periods of the restricted shares attributable to the exercise of those options. The grant of new vested options resulted in incremental compensation expense in the fourth quarter of 2012 of $8 million, of which $7 million related to LINTA and $1 million related to LVNTA. The grant of new unvested options resulted in incremental compensation expense totaling $16 million and $3 million for LINTA and LVNTA, respectively, which will be amortized over the vesting periods of those options.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">A summary of the activity of the Liberty Incentive Plan with respect to the LINTA Options granted to QVC employees and officers as of and during the</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">is presented below:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 100%; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="11"></td></tr> <tr style="padding:0;"> <td width="52%"></td> <td width="11%"></td> <td width="1%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td> <td width="11%"></td> <td width="1%"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Options</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Weighted</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">average</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">exercise</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">price</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Aggregate</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">intrinsic</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">value</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">(000s)</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Weighted average remaining</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">life</font></div> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">(years)</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at January 1, 2010</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">11,158,534</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.92</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">66,109</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">6.2</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3,459,829</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">12.97</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(1,810,458</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.59</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(434,559</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.86</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2010</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">12,373,346</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.18</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">106,270</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.4</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5,883,749</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">15.99</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(1,759,090</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.41</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(1,057,706</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.76</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2011</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">15,440,299</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">10.70</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">85,216</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.1</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5,373,916</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">16.44</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(5,037,685</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">6.10</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Option Exchange, granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4,326,392</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">19.26</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Option Exchange, exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(5,218,291</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">14.48</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(142,639</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">12.85</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">14,741,992</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">14.53</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">75,897</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.6</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercisable at December 31, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5,528,824</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">11.92</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">42,899</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3.8</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">A summary of the activity of the Liberty Incentive Plan with respect to the LVNTA Options granted to QVC employees and officers as of and during the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">is presented below:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 682px; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="11"></td></tr> <tr style="padding:0;"> <td width="364"></td> <td width="75"></td> <td width="4"></td> <td width="9"></td> <td width="66"></td> <td width="4"></td> <td width="9"></td> <td width="66"></td> <td width="4"></td> <td width="75"></td> <td width="4"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Options</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Weighted average exercise</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">price</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Aggregate intrinsic</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">value (000's)</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Weighted average remaining</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">life (years)</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at January 1, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">328,617</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">36.82</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(59,967</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">17.65</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Option Exchange, granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">160,639</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">58.80</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Option Exchange, exercised</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(208,683</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">36.01</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="3"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">220,606</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">58.80</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1,977</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.6</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Exercisable at December 31, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">59,967</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">58.80</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">537</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3.6</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Upon employee exercise of the Options, the exercise price is remitted to Liberty in exchange for the shares. The aggregate intrinsic value of all options exercised during the</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">was $97 million, $20 million and $18 million, respectively.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">The weighted average fair value at date of grant of a LINTA Option granted, excluding the Option Exchange, during the years ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">was $6.66, $7.32 and $5.38, respectively. The weighted average fair value at date of grant of a LINTA Exchange Option granted during the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">was $6.94. The weighted average fair value at date of grant of a LVNTA Option granted, excluding the Option Exchange, during the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">was $15.22. The weighted average fair value at date of grant of a LVNTA Exchange Option granted during the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">was $25.69.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">During the</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the fair value of each LINTA Option was determined as of the date of grant using the Black&#8209;Scholes option pricing model with the following assumptions:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 100%; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="7"></td></tr> <tr style="padding:0;"> <td width="64%"></td> <td width="11%"></td> <td width="1%"></td> <td width="11%"></td> <td width="1%"></td> <td width="11%"></td> <td width="1%"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2012</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2011</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2010</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Weighted average expected volatility</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">41.9</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">44.8</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">46.4</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Expected term (years)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.2</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.9</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.6</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Risk free interest rate</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">0.8%</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1.2%-2.5%</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2.3</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Expected dividend yield</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">During the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the fair value of each LVNTA Option was determined as of the date of grant using the Black&#8209;Scholes option pricing model with the following assumptions:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 684px; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="3"></td></tr> <tr style="padding:0;"> <td width="604"></td> <td width="68"></td> <td width="11"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2012</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Weighted average expected volatility</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">49.9</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Expected term (years)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.9</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Risk free interest rate</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">0.6</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">%</font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Expected dividend yield</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Expected volatility is based on historical and implied volatilities of LINTA and LVNTA common stock over a period commensurate with the expected term of the Options. The Company estimates the expected term of the Options based on historical exercise and forfeiture data. The volatility used in the calculation for the Options is based on the historical volatility of Liberty's stocks and the implied volatility of publicly traded Liberty options. The Company uses a zero dividend rate and the risk-free rate for Treasury Bonds with a term similar to that of the subject Options.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">The fair value of the Options is recognized as expense over the requisite service period, net of estimated forfeitures. Based on QVC's historical experience of option pre-vesting cancellations, the Company has assumed an annualized forfeiture rate of 10% for all participants. We will record additional expense if the actual forfeiture rate is lower than estimated, and will record a recovery of prior expense if the actual forfeiture is higher than estimated.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">As of</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012, 2011 and 2010</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the Company recorded $29 million, $18 million and $15 million, respectively, of stock&#8209;based compensation expense related to the Options. The total unrecognized compensation cost related to unvested Options, net of estimated forfeitures, was approximately $64 million as of</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">. Such amount will be recognized in the Company's consolidated statements of operations. These LINTA Options had a weighted average life of 4.0, 4.1, and 4.9 for the</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">. These LVNTA Options had a weighted average life of 5.6 years at December 31, 2012.</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(b) Restricted stock plan</font></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">A summary of the activity of the Liberty Incentive Plan with respect to the LINTA restricted shares granted to QVC employees and officers as of and during the</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">years ended December 31, 2012, 2011 and 2010</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">is presented below:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 100%; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="6"></td></tr> <tr style="padding:0;"> <td width="76%"></td> <td width="11%"></td> <td width="1%"></td> <td width="1%"></td> <td width="10%"></td> <td width="1%"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Restricted Shares</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Weighted average</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">grant date fair value</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at January 1, 2010</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1,315,310</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3.59</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">586,586</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">12.97</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Lapsed</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(322,077</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3.60</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(61,650</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">4.83</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2010</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1,518,169</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.16</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">375,160</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">16.33</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Lapsed</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(443,478</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">6.39</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(139,379</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">8.69</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2011</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1,310,472</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">9.83</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">657,247</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">16.84</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Lapsed</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(490,150</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">8.09</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(23,421</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">13.25</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2012</font></div></td> <td style="BORDER-TOP: #000000 1px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">1,454,148</font></div></td> <td style="BORDER-TOP: #000000 1px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 1px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="BORDER-TOP: #000000 1px solid; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">12.75</font></div></td> <td style="BORDER-TOP: #000000 1px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">A summary of the activity of the Liberty Incentive Plan with respect to the LVNTA restricted shares granted to QVC employees and officers as of and during the year ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">is presented below:</font> <div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;"> <table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 683px; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0"> <tr style="padding:0;"> <td colspan="6"></td></tr> <tr style="padding:0;"> <td width="524"></td> <td width="75"></td> <td width="4"></td> <td width="9"></td> <td width="66"></td> <td width="4"></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#160;</font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">Restricted Shares</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Weighted</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Average</font></div> <div style="FONT-SIZE: 8pt; PADDING-BOTTOM: 1px; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit; TEXT-ALIGN: right;">Grant Date Fair Value</font></div></td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at January 1, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">&#8212;</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Granted</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">66,350</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">31.72</font></div></td> <td style="VERTICAL-ALIGN: bottom;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Lapsed</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(461</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">22.78</font></div></td> <td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Forfeited</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(347</font></div></td> <td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">36.75</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr> <tr style="padding:0;"> <td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Outstanding at December 31, 2012</font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">65,542</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td> <td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td> <td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">31.75</font></div></td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;"> <div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div> <div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">As of</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012, 2011 and 2010</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the Company recorded $5 million, $4 million and $3 million, respectively, of stock&#8209;based compensation expense related to these shares. The total unrecognized compensation cost related to restricted shares of LINTA and LVNTA common stock was approximately $12 million as of</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">. Such amount will be recognized in the Company's consolidated statements of operations. Restricted shares of LINTA common stock had a weighted average life of 2.5, 2.1, and 2.6 years for the years ended</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012, 2011 and 2010</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">. 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