Company: MSTR
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001193125-25-100720
Chunk: 71

Company: Strategy Inc
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 71
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 director. Additionally, pursuant to the 2023 Equity Plan, on May 31 of each year beginning in 2023, each non-employeedirector who is then serving as a non-employeedirector as of such date is automatically granted Awards with an aggregate fair value (calculated based on grant date fair value for financial reporting purposes) equal to $300,000, half of which ($150,000) consist of non-statutorystock options and half of which ($150,000) consist of RSUs. Each such Award vests on the first anniversary of the date of grant. Furthermore, the Company’s stockholders approved an amendment to the 2023 Equity Plan on January 21, 2025, which provides that, beginning on December 20, 2024, each non-employeedirector who is newly appointed to the Board shall automatically receive, upon the date of such director’s initial appointment to the Board, equity awards having an aggregate fair value equal to $2,000,000, one-halfof which ($1,000,000) will consist of a non-statutorystock option and one-halfof which ($1,000,000) will consist of RSUs, with each award vesting annually in equal installments over four years. From time to time, the Board may hold meetings and other related activities in various locations for which the Company pays for the expenses of outside directors and their guests (“Meeting Activities”). In addition, we may hold, host, or otherwise arrange parties, outings, or other similar entertainment events for which the Company pays for the expenses of outside directors and their guests (“Entertainment Events”). We may also request that outside directors participate in conferences, symposia, and other similar events or activities relating to our business for which the Company pays the expenses of outside directors and their guests (“Company-sponsored Activities” and collectively with Meeting Activities and Entertainment Events, “Strategy Activities”). Any employee director is also eligible to participate in Strategy Activities. We are also authorized to make available, from time to time, for personal use by outside directors: tickets to sporting, charity, dining, entertainment, or similar events, as well as use of corporate suites, club memberships, or similar facilities that we may acquire; Company-owned vehicles and related driving services; the services of one or more drivers for vehicles other than Company-owned vehicles; and the Company’s Bombardier Global Express XRS aircraft (collectively with additional aircraft that we may lease or charter, the “Company Aircraft