Strategy Inc — Director's Dealing 2018

Feb 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY INC (MSTR)
CIK: 0001050446
Period of Report: 2018-02-08

Reporting Person: Le Phong (SEVP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-08	Employee Stock Option (Right to buy)	$131.53	A	80000	Acquired	2028-02-08	Class A Common Stock (80000)	Direct

Footnotes

F1: This option vests as to 20,000 shares on the first anniversary of the grant date, and as to an additional 20,000 shares on each anniversary thereafter until the option is vested in full.

F2: Mr. Le also directly owns an employee stock option to purchase 40,000 shares of Class A common stock with (i) an exercise price of $201.25 per share and (ii) an expiration date of September 8, 2025. Of the 40,000 shares subject to this option, 10,000 shares vested on September 8, 2016, 10,000 shares vested on September 8, 2017, 10,000 shares are scheduled to vest on September 8, 2018 and 10,000 shares are scheduled to vest on September 8, 2019. In addition, Mr. Le directly owns an employee stock option to purchase 40,000 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 40,000 shares subject to this option, 10,000 shares are scheduled to vest on March 8, 2018, 10,000 shares are scheduled to vest on March 8, 2019, 10,000 shares are scheduled to vest on March 8, 2020 and 10,000 shares are scheduled to vest on March 8, 2021.