SEC Form 4 · accession 0001209191-18-028145
Strategy Inc · MSTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Epstein
Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 5:05 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 2, 2018 | M | 3,500 | $121.43 | A | 3,500 | D | |
| Class A Common StockF1 | May 2, 2018 | S | 3,500 | $131.49 | 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)F3,F2 | $121.43 | May 2, 2018 | M | 3,500 | D | — | Apr 30, 2024 | Class A Common Stock | 3,500 | 10,900 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.00 to $131.75 per share, inclusive. The reporting person undertakes to provide 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.
- F2Of the 3,500 shares exercised on May 2, 2018 pursuant to this option, 1,900 shares vested on April 30, 2016 and 1,600 shares vested on April 30, 2017. Of the remaining 10,900 shares subject to this option, 4,650 shares vested on April 30, 2017, and 6,250 shares vested on April 30, 2018.
- F3See Exhibit A.