SEC Form 4 · accession 0001209191-15-041694
Strategy Inc · MSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Epstein
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 4:37 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 8, 2015 | M | 3,125 | $121.43 | A | 3,325 | D | |
| Class A Common StockF1 | May 8, 2015 | S | 3,325 | $181.0003 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to buy)F2 | $121.43 | May 8, 2015 | M | 3,125 | D | — | Apr 30, 2024 | Class A Common Stock | 3,125 | 21,875 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.00 to $181.005, 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 3,125 shares exercised on May 8, 2015 pursuant to this option vested on April 30, 2015. Of the remaining 21,875 shares subject to this option, 3,125 shares vested on April 30, 2015, 6,250 shares are scheduled to vest on April 30, 2016, 6,250 shares are scheduled to vest on April 30, 2017, and 6,250 shares are scheduled to vest on April 30, 2018.