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Published: 2023-06-21 16:02:35 ET
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EX-99.1 2 attachment1.htm EX-99.1 DOCUMENT
Exhibit A

Mr. Le also directly owns an employee stock option to purchase 10,000
shares of Class A common stock with (i) an exercise price of $189.16 per
share and (ii) an expiration date of March 8, 2027. The 10,000 shares
subject to this option vested on March 8, 2021.

Mr. Le also directly owns an employee stock option to purchase 75,000
shares of Class A common stock with (i) an exercise price of $151.60 per
share and (ii) an expiration date of November 22, 2029. Of the 75,000 shares
subject to this option, 25,000 shares vested on November 22, 2021, 25,000 shares
vested on November 22, 2022, and 25,000 shares are scheduled to vest on November
22, 2023.

Mr. Le also directly owns an employee stock option to purchase 40,000
shares of Class A common stock with (i) an exercise price of $691.23 per
share and (ii) an expiration date of February 23, 2031. Of the 40,000 shares
subject to this option, 10,000 shares vested on February 23, 2022, 10,000 shares
vested on February 23, 2023, 10,000 shares are scheduled to vest on February 23,
2024, and 10,000 shares are scheduled to vest on February 23, 2025.

Mr. Le also directly owns an employee stock option to purchase 40,000
shares of Class A common stock with (i) an exercise price of $404.60 per
share and (ii) an expiration date of February 17, 2032. Of the 40,000
shares subject to this option, 10,000 shares vested on February 17, 2023, 10,000
shares are scheduled to vest on February 17, 2024, 10,000 shares are scheduled
to vest on February 17, 2025, and 10,000 shares are scheduled to vest on
February
17, 2026.

Mr. Le also directly owns an employee stock option to purchase 60,000
shares of Class A common stock with (i) an exercise price of $231.25 per
share and (ii) an expiration date of September 13, 2032. Of the 60,000
shares subject to this option, 15,000 shares are scheduled to vest on
September 13, 2023, 15,000 shares are scheduled to vest on September 13, 2024,
15,000 shares are scheduled to vest on September 13, 2025, and 15,000 shares are
scheduled to vest on September 13, 2026.

Mr. Le also directly owns restricted stock units with the contingent right to
receive 500 shares of Class A common stock. Of these 500 shares, 250 shares
are scheduled to vest on November 13, 2023 and 250 shares are scheduled to vest
on November 13, 2024.

Mr. Le also directly owns restricted stock units with the contingent right to
receive 4,768 shares of Class A common stock. Of these 4,768 shares, 1,192
shares are scheduled to vest on June 5, 2024, 1,192 shares are scheduled to vest
on June 5, 2025, 1,192 shares are scheduled to vest on June 5, 2026, and 1,192
shares are scheduled to vest on June 5, 2027.

Mr. Le also directly owns 9,537 performance stock units (PSUs) granted on June
5, 2023. Each PSU represents a contingent right to receive shares of Class A
common stock of between 0 percent and 200 percent of the target number of units,
with the percentage determined based on MicroStrategy's relative total
shareholder return (TSR) as compared to the TSR of members of the Nasdaq
Composite Index over a three-year performance period (June 1, 2023 to May 31,
2026). Vesting is subject to certification by MicroStrategy's Compensation
Committee of the level of achievement of the performance goal and the
participant's continued service through that date. The "target" number of PSUs
is reported in this Exhibit A.