Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Restricted Stock (Tables)

v3.3.0.814
Stock Options and Restricted Stock (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
Stock compensation expense, by expense category, consisted of the following (in millions):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Programming costs
$
0.6

 
$
0.5

 
$
1.9

 
$
1.5

Operating expenses

 
0.1

 
0.2

 
0.2

Selling, general and administrative expenses
7.5

 
7.0

 
22.4

 
21.2

Total stock compensation expense
$
8.1

 
$
7.6

 
$
24.5

 
$
22.9

Weighted average exercise price (“WAEP”) of stock options
The following table presents the number and weighted average exercise price (“WAEP”) of stock options to purchase Starz common stock:
 
Options
 
WAEP
Outstanding at December 31, 2014
16,431,666

 
$
17.42

Granted
61,288

 
$
35.23

Exercised
(3,033,665
)
 
$
14.12

Forfeited
(466,647
)
 
$
22.15

Expired/canceled

 
$

Outstanding at September 30, 2015
12,992,642

 
$
18.11

 
 
 
 
Exercisable at September 30, 2015
5,861,286

 
$
14.04

Weighted-average grant date fair value of restricted stock grants
The following table presents the number and weighted-average grant date fair value of restricted stock grants:
 
Restricted Stock
 
Weighted
Average Grant-Date Fair Value
Outstanding at December 31, 2014
708,658

 
$
21.01

Granted
29,421

 
$
39.29

Vested
(78,417
)
 
$
17.64

Forfeited
(20,607
)
 
$
27.24

Outstanding at September 30, 2015
639,055

 
$
22.07