Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MSTR | Class A Common Stock | 259 | Jun 5, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSTR | Employee Stock Option (Right to buy) | Award | $0 | +1.98K | $0.00 | 1.98K | Jun 5, 2023 | Class A Common Stock | 1.98K | $276.36 | Direct | F1, F2 | |
transaction | MSTR | Restricted Stock Units | Award | $0 | +681 | $0.00 | 681 | Jun 5, 2023 | Class A Common Stock | 681 | Direct | F2, F3, F4 | ||
transaction | MSTR | Performance Stock Units | Award | $0 | +1.36K | $0.00 | 1.36K | Jun 5, 2023 | Class A Common Stock | 1.36K | Direct | F2, F5 |
Id | Content |
---|---|
F1 | 25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full. |
F2 | See Exhibit A. |
F3 | Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock. |
F4 | 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full. |
F5 | Each PSU represents a contingent right to receive shares of MicroStrategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on MicroStrategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (June 1, 2023 to May 31, 2026). Vesting is subject to certification by MicroStrategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4. |