Share-based Compensation (Tables)

3 Months Ended

Mar. 31, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock-based compensation

A summary of our aggregate share-based compensation expense is set forth below: 

	Three months ended March 31,
	2019		2018
	in millions
Liberty Global:
Performance-based incentive awards (a)	$	29.9	$	8.7
Non-performance based share-based incentive awards	22.0		22.0
Other (b)	9.9		7.1
Total Liberty Global	61.8		37.8
Other	5.5		4.9
Total	$	67.3	$	42.7
Included in:
Other operating expense	$	0.9	$	1.0
SG&A expense	66.4		41.7
Total	$	67.3	$	42.7

_______________

(a) Includes share-based compensation expense related to (i) performance-based restricted share units (PSUs) and (ii) for the 2019 period, a challenge performance award plan for certain executive officers and key employees (the 2019 Challenge Performance Awards). The 2019 Challenge Performance Awards include performance-based share appreciation rights (PSARs) and PSUs.

(b) Represents annual incentive compensation and defined contribution plan liabilities that have been or are expected to be settled with Liberty Global ordinary shares. In the case of the annual incentive compensation, shares will be issued to senior management and key employees pursuant to a shareholding incentive program. The shareholding incentive program allows these employees to elect to receive up to 100% of their annual incentive compensation in ordinary shares of Liberty Global in lieu of cash.

Schedule of stock option activity

The following table provides the aggregate number of options, share appreciation rights (SARs) and PSARs with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of March 31, 2019:

	Class A			Class C
	Number of shares underlying awards	Weighted Average exercise or base price		Number of shares underlying awards	Weighted Average exercise or base price
Held by Liberty Global employees:
Outstanding	20,043,088	$	30.89	45,104,300	$	29.32
Exercisable	10,666,743	$	32.38	26,167,940	$	30.04
Held by former Liberty Global employees:
Outstanding	1,197,485	$	33.05	2,793,323	$	30.89
Exercisable	1,042,746	$	32.75	2,483,449	$	30.50

Schedule of other share based compensation activity

The following table provides the aggregate number of restricted share units (RSUs) and PSUs that were outstanding as of March 31, 2019:

	Class A	Class B	Class C
Held by Liberty Global employees:
RSUs	1,929,071	52,622	3,644,793
PSUs	2,576,197	—	5,156,515
Held by former Liberty Global employees:
RSUs	7,853	—	15,702
PSUs	146,023	—	292,381