Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MSTR | Class A Common Stock | 2K | May 31, 2023 | By Meredithe Rechan 2021 Family Trust | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSTR | Director Stock Option (Right to buy) | Award | $0 | +761 | $0.00 | 761 | May 31, 2023 | Class A Common Stock | 761 | $301.63 | Direct | F2, F3, F4 | |
transaction | MSTR | Restricted Stock Units | Award | $0 | +497 | $0.00 | 497 | May 31, 2023 | Class A Common Stock | 497 | Direct | F2, F4, F5, F6 |
Id | Content |
---|---|
F1 | Shares are held directly by a family trust, of which Mr. Rechan and five of his children are beneficiaries and for which Mr. Rechan and two of his children serve as trustees. |
F2 | These grants were made pursuant to the MicroStrategy Incorporated 2023 Equity Incentive Plan ("2023 Plan"), which provides for the annual automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee director on May 31 of each year, beginning in 2023. The 2023 Plan was approved by the stockholders of MicroStrategy Incorporated at the 2023 annual meeting. |
F3 | This option is scheduled to vest as to 761 shares on the first anniversary of the grant date. |
F4 | See Exhibit A. |
F5 | Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock. |
F6 | These restricted stock units are scheduled to vest as to 497 shares on the first anniversary of the grant date. |