DEF 14A of Strategy Inc
Filed Jan 3, 20250001140361-25-000231
Outstanding equity awards under equity-based compensation plans and arrangements
Outstanding equity awards under equity-based compensation plans and arrangements The following table includes information, as of December 13, 2024, regarding all of our outstanding equity awards under all of our equity-based compensation plans and arrangements under which Class A Stock may be issued. This includes Class A Stock subject to outstanding awards under the Current Plan and under the MicroStrategy Incorporated 2013 Stock Incentive Plan (the “2013 Plan”) and up to 2,603,250 shares of Class A Stock available under the Current Plan for future awards that we may make after December 13, 2024. The table does not include shares issuable under the MicroStrategy Incorporated 2021 Employee Stock Purchase Plan (the “2021 ESPP”) or outstanding equity awards that may only be settled in cash. No additional shares of Class A Stock are being requested pursuant to the 2024 Plan Amendment.
Outstanding equity awards under equity-based compensation plans and arrangements
| Number of outstanding stock options | 4,970,482 | | Weighted average exercise price of outstanding stock options | $38.55 | | Weighted average remaining contractual term of outstanding stock options (years) | 6.6 | | Number of outstanding share-settled RSUs and performance-based share units (“PSUs”)(1) | 1,849,840 | | Shares of Class A Stock available under the Current Plan for awards that we may grant after December 13, 2024 | 2,603,250 | | Estimated total number of shares of Class A Stock underlying the Initial Director Grants to Brian Brooks, Jane Dietze and Gregg Winiarski | 19,362 | | Estimated total number of shares of Class A Stock available for the grant of new awards under all equity-based compensation plans, assuming stockholder approval of the 2024 Plan Amendment | 2,583,918 | | Number of shares of Class A Stock outstanding | 223,892,874 |
Outstanding equity awards under equity-based compensation plans and arrangements
| (1) The amount of PSUs shown is equal to the aggregate number of shares into which the PSUs will convert if maximum performance objectives are met. |
Outstanding equity awards under equity-based compensation plans and arrangements
As of December 13, 2024, we also have 1,250 outstanding cash-settled restricted stock units, and 3,750 outstanding other stock-based awards, which are also cash-settled. There were no outstanding stock appreciation rights (“SARs”) as of December 13, 2024. On January 2, 2025, the closing sale price of the Class A Stock on The Nasdaq Global Select Market was $300.01 per share.