Quarterly report pursuant to Section 13 or 15(d)

Stock Compensation (Tables)

v3.4.0.3
Stock Compensation (Tables)
3 Months Ended
Mar. 31, 2016
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 March 31,
 
2016
 
2015
Programming
$
0.7

 
$
0.6

Operating
0.1

 
0.1

Selling, general and administrative
7.5

 
7.6

 
$
8.3

 
$
8.3

Weighted average exercise price (“WAEP”) of stock options
The number and weighted average exercise price (“WAEP”) of stock options to purchase Starz common stock were as follows:
 
Options
 
WAEP
Outstanding at December 31, 2015
13,187,542

 
$
18.97

Granted

 
$

Exercised
(283,749
)
 
$
14.10

Forfeited
(193,703
)
 
$
27.74

Expired/canceled

 
$

Outstanding at March 31, 2016
12,710,090

 
$
18.94

 
 
 
 
Exercisable at March 31, 2016
8,449,119

 
$
15.95

Weighted-average grant date fair value of restricted stock grants
The number and weighted average grant-date fair value of restricted share grants were as follows:
 
Restricted Shares
 
Weighted
Average Grant-Date Fair Value
Outstanding at December 31, 2015
769,947

 
$
29.22

Granted
90,064

 
$
26.09

Vested
(48,092
)
 
$
18.43

Forfeited
(27,247
)
 
$
27.11

Outstanding at March 31, 2016
784,672

 
$
29.60