David J Rennyson, SEVP of MicroStrategy Incorporated, just received 20,000 options from the company. The strike price of the options received was $189.16, and these expire on March 08, 2027. Rennyson now owns at least 20,000 options on the company.
Some additional info was provided as follows:
This option vests as to 5,000 shares on the first anniversary of the grant date, and as to an additional 5,000 shares on each anniversary
thereafter until the option is vested in full.
Mr. Rennyson also directly owns an employee stock option to purchase 70,000 shares of Class A common stock with (i) an exercise price of $165.01 per share and (ii) an expiration date of February 2, 2025. Of the 70,000 shares subject to this option, 17,500 shares vested on February 2, 2016, 1
7,500 shares vested on February 2, 2017, 17,500 shares are scheduled to vest on February 2, 2018 and 17,500 shares are scheduled to vest on February 2, 2019.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever MicroStrategy Incorporated makes a similar move, sign up!