SEC Form 4 · accession 0001209191-18-009366
Strategy Inc · MSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Rennyson
Officer — SEVP, Worldwide Sales
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050446
Table I — non-derivative securities
No Table I lines on this filing.
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)F2,F1 | $131.53 | Feb 8, 2018 | A | 20,000 | A | — | Feb 8, 2028 | Class A Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1This option vests as to 5,000 shares on the first anniversary of the grant date, and as to an additional 5,000 shares on each anniversary thereafter until the option is vested in full.
- F2Mr. Rennyson also directly owns an employee stock option to purchase 70,000 shares of Class A common stock with (i) an exercise price of $165.01 per share and (ii) an expiration date of February 2, 2025. Of the 70,000 shares subject to this option, 17,500 shares vested on February 2, 2016, 17,500 shares vested on February 2, 2017, 17,500 shares vested on February 2, 2018 and 17,500 shares are scheduled to vest on February 2, 2019. In addition, Mr. Rennyson directly owns an employee stock option to purchase 20,000 shares of Class A common stock with (i) an exercise price of $189.16 per share and (ii) an expiration date of March 8, 2027. Of the 20,000 shares subject to this option 5,000 shares are scheduled to vest on March 8, 2018, 5,000 shares are scheduled to vest on March 8, 2019, 5,000 shares are scheduled to vest on March 8, 2020 and 5,000 shares are scheduled to vest on March 8, 2021.
Remarks
Exhibit 24 - Power of Attorney