Quarterly report pursuant to Section 13 or 15(d)

Stock Compensation (Tables)

v3.5.0.2
Stock Compensation (Tables)
9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Programming
$
0.4

 
$
0.6

 
$
1.7

 
$
1.9

Operating
0.2

 

 
0.4

 
0.2

Selling, general and administrative
7.5

 
7.5

 
21.6

 
22.4

 
$
8.1

 
$
8.1

 
$
23.7

 
$
24.5

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
138,298

 
$
30.98

Exercised
(1,385,008
)
 
$
15.05

Forfeited
(483,923
)
 
$
29.63

Expired/canceled
(56,451
)
 
$
32.87

Outstanding at September 30, 2016
11,400,458

 
$
19.07

 
 
 
 
Exercisable at September 30, 2016
7,727,463

 
$
16.29

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
199,155

 
$
28.77

Vested
(59,420
)
 
$
21.28

Forfeited
(128,705
)
 
$
28.25

Outstanding at September 30, 2016
780,977

 
$
29.87