The Google-YouTube deal is done and shares worth $1.50 billion or so have been issued. Approximately $15 million was withheld to cover the amount of funding Google gave YouTube between the Oct. 9 announcement and the closing. Release.
The stock breakdown: an aggregate of 3,217,560 shares, and restricted stock units, options and a warrant exercisable for or convertible into an aggregate of 442,210 shares, of Google’s Class A common stock. The price was based on the average for the 30 trading days closing Nov. 9.
From the fine print: 12.5 percent of the equity issued and issuable is subject to escrow for one year to secure certain indemnification obligations. Based on the $1.5 billion amount, that should be about $187.5 million. 
Reuters: Google chairman and CEO Eric Schmidt was asked at Stanford Saturday if this deal is an example of a new stock market bubble. Schmidt pointed to YouTube’s singular status as the only new gen company to be acquired for more than $1 billion: “If there is a new bubble I don’t think a single acquisition is a talisman of that. Before you call it a bubble why don’t you look for a trend?”
Update: AP: “As of Tuesday, those shares were worth $1.79 billion—above the targeted purchase price of $1.65 billion announced last month. But the escrow account’s existence means YouTube’s former owners—a small group led by co-founders Chad Hurley, Steve Chen, Jawed Karim and Sequoia Capital—may never receive a substantial portion of the Google stock if YouTube runs into legal trouble or incurs other losses. ... The reserve could signal that Google is trying to insulate itself from a possible onslaught of lawsuits aimed at the large number of pirated videos posted on YouTube, which will retain its current management and name.”
Related: 10K Watch: Google Amends YouTube Deal Subtly; Could Be For Upfront Content Payoffs
—Google And YouTube’s History With Video, Through Links