Company: MSTR
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001193125-25-100720
Chunk: 64

Company: Strategy Inc
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 64
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 the RSU |

| 36 |     | STRATEGY | 2025 Proxy Statement |

| (2) | Amounts shown relate to options to purchase shares of our Class A Stock granted under the 2023 Equity Plan. Each option (i) is not intended to qualify as an incentive stock option, (ii) expires on the tenth anniversary of the date of grant, (iii) will vest as to 25% of the original number of shares subject to the stock option on the first anniversary of the date of grant and vests as to an additional 25% on each anniversary thereafter until the option is vested in full, unless earlier terminated in accordance with the terms of the 2023 Equity Plan or the applicable option agreement, (iv) provides for vesting in full in connection with a change in control event under specified conditions as set forth in the applicable option agreement, and (v) is otherwise subject to such other terms and conditions as are set forth in the applicable option agreement and the 2023 Equity Plan. |

| (3) | Amounts calculated in accordance with FASB ASC Topic 718, “Compensation – Stock Compensation.” See Note 11 “Share-based Compensation” to the Company’s consolidated financial statements set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, for the assumptions made in determining grant date fair values. These amounts reflect the grant date fair values for the options and RSUs and are not intended to represent the value, if any, that has been or will be actually realized by the individual. |

| STRATEGY | 2025 Proxy Statement |     | 37 |

Outstanding Equity Awards at 2024 Fiscal Year-end The following table sets forth information concerning unexercised options and unvested RSUs and PSUs outstanding as of December 31, 2024, adjusted for the Stock Split, for each of the executive officers. All option awards, RSUs and PSUs were with respect to our Class A Stock.

|                   |     | Option Awards              |         |     |                              |         |     |          |         |     |            |            |     |                                            |     | Stock Awards |        |                                                  |     |            |           |     |        |           |     |            |
| Name              |     | Number of                  
 Securities                 
 Underlying                 
 Unexercised                
 Options (#) Exercisable(1) |         |     |