SEC Form 4 · accession 0001209191-15-039457
Strategy Inc · MSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas King Thede
Officer — Senior EVP & CFO
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050446
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 4, 2015 | M | 5,000 | $92.84 | A | 5,000 | D | |
| Class A Common StockF1 | May 4, 2015 | S | 5,000 | $180.85 | D | 0 | D | |
| Class A Common Stock | May 5, 2015 | M | 5,000 | $92.84 | A | 5,000 | D | |
| Class A Common StockF2 | May 5, 2015 | S | 5,000 | $178.36 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy)F3 | $92.84 | May 4, 2015 | M | 5,000 | D | — | Sep 5, 2023 | Class A Common Stock | 5,000 | 80,000 | D |
| Employee Stock Option (Right to buy)F4 | $92.84 | May 5, 2015 | M | 5,000 | D | — | Sep 5, 2023 | Class A Common Stock | 5,000 | 75,000 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.00 to $183.60, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
- F2The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.05 to $180.57, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
- F3The 5,000 shares exercised on May 4, 2015 pursuant to this option vested on July 26, 2014. Of the remaining 80,000 shares subject to this option, 5,000 shares vested on July 26, 2014, 25,000 shares are scheduled to vest on July 26, 2015, 25,000 shares are scheduled to vest on July 26, 2016, and 25,000 shares are scheduled to vest on July 26, 2017.
- F4The 5,000 shares exercised on May 5, 2015 pursuant to this option vested on July 26, 2014. Of the remaining 75,000 shares subject to this option, 25,000 shares are scheduled to vest on July 26, 2015, 25,000 shares are scheduled to vest on July 26, 2016, and 25,000 shares are scheduled to vest on July 26, 2017.