2. Gregory B. Maffei, $46 million
Company: Liberty Media (LINTA)
Options granted: 10.9 million (on 12/17/09)
Strike price: $10.27 - $47.70*
Current stock price: $12.67 - $51.56
Value gained: $45.5 million
Last updated May 28 2010: 3:46 AM ET
*Mr. Maffei received 1,353,000 options in Liberty Capital Group (LCAPA), 8,743,000 options in Liberty Media Interactive (LINTA), and 760,000 options in Liberty Starz Group (LSTZA) with exercise prices of $23.28, $10.27, and $47.70, respectively. Value gained is for the total of all awards.The awards represent a multi-year option grant that will vest 50% on the fourth anniversary and 50% on the fifth anniversary of the grant.
Note: Total value of options represent the intrinsic value of the awards. Intrinsic value was calculated by taking the difference between the stock price and the exercise price then multiplying it by the number of options awarded. All stock prices were taken as of May 21, 2010. The total value represents hypothetical gains, and the executive will not realize any actual value until the award is exercised. Equilar, an executive compensation research firm, looked only at options granted during the 2009 calendar year at public U.S. companies with revenue over $10 billion.
