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: Lang Timothy Edwin (SEVP & CTO)

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	40000	Acquired	2028-02-08	Class A Common Stock (40000)	Direct

Footnotes

F1: This option vests as to 10,000 shares on the first anniversary of the grant date, and as to an additional 10,000 shares on each anniversary thereafter until the option is vested in full.

F2: Mr. Lang also directly owns an employee stock option to purchase 50,000 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 50,000 shares subject to this option, 12,500 shares vested on February 2, 2016, 12,500 shares vested on February 2, 2017, 12,500 shares vested on February 2, 2018 and 12,500 shares are scheduled to vest on February 2, 2019. In addition, Mr. Lang directly owns an employee stock option to purchase 30,000 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 30,000 shares subject to this option, 7,500 shares are scheduled to vest on March 8, 2018, 7,500 shares are scheduled to vest on March 8, 2019, 7,500 shares are scheduled to vest on March 8, 2020 and 7,500 shares are scheduled to vest on March 8, 2021.