Company: MSTR
Filing Date: 2025-01-03
Form Type: DEF 14A
Source: 0001140361-25-000231
Chunk: 15

Company: Strategy Inc
Filing Date: 2025-01-03
Form: DEF 14A
Chunk 15
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 virtue of the increase in (i) Class A Stock, if Proposal 1 is approved, correspondingly increase from 500,000,000 to 10,500,000,000 shares of capital stock or (ii) Class A Stock and Preferred Stock, if both Proposal 1 and Proposal 2 are approved, correspondingly increase from 500,000,000 to 11,500,000,000 shares of capital stock. As of the record date, a total of 226,138,248 shares of Class A Stock were issued and outstanding. In addition, as of the record date, there were:

| • | 4,956,022 shares of Class A Stock issuable upon exercise of stock options outstanding as of the record date at a weighted average exercise price of $38.56 per share; |

| • | 1,230,672 shares of Class A Stock issuable upon the vesting of restricted stock units outstanding as of the record date; |

| • | 613,878 shares of Class A Stock issuable upon the vesting of performance stock units outstanding as of the record date; |

| • | 2,608,540 and 502,402 additional shares of Class A Stock available as of the record date for future issuance under our 2023 Equity Incentive Plan and 2021 Employee Stock Purchase Plan, respectively; |

| • | 19,640,250 shares of Class A Stock issuable upon conversion of shares of Class B Stock issued and outstanding as of the record date; |

| • | 10,994,550 shares of Class A Stock potentially issuable as of the record date upon conversion of our 0% Convertible Senior Notes due 2027 (the “2027 Convertible Notes”), subject to adjustment in accordance with the terms of such notes; |

| • | 7,718,824 shares of Class A Stock potentially issuable as of the record date upon conversion of our 0.625% Convertible Senior Notes due 2028 (the “2028 Convertible Notes”), subject to adjustment in accordance with the terms of such notes; |

| • | 6,915,600 shares of Class A Stock potentially issuable as of the record date upon conversion of our 0% Convertible Senior Notes due 2029 (the “2029 Convertible Notes”), subject to adjustment in accordance with the terms of such notes; |

| • | 7,611,200 shares of Class A Stock potentially issuable as