GRAHAM STEPHEN X 4
4 · MICROSTRATEGY Inc · Filed Jun 4, 2024
Insider Transaction Report
Form 4
GRAHAM STEPHEN X
Director
Transactions
- Award
Director Stock Option (Right to buy)
2024-05-31+139→ 139 totalExercise: $1524.49Exp: 2034-05-31→ Class A Common Stock (139 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-31−497→ 0 total→ Class A Common Stock (497 underlying) - Exercise/Conversion
Class A Common Stock
2024-05-31+497→ 697 total - Award
Restricted Stock Units
2024-05-31+98→ 98 total→ Class A Common Stock (98 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.
- [F2]The 497 restricted stock units vested in full on May 31, 2024.
- [F3]See Exhibit A.
- [F4]These grants were made pursuant to the MicroStrategy Incorporated 2023 Equity Incentive Plan ("2023 Plan"), which provides for the annual automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee director on May 31 of each year, beginning in 2023. The 2023 Plan was approved by the stockholders of MicroStrategy Incorporated at the 2023 annual meeting.
- [F5]This option is scheduled to vest as to 139 shares on the first anniversary of the grant date.
- [F6]These restricted stock units are scheduled to vest as to 98 shares on the first anniversary of the grant date.