MICROSTRATEGY Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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Item 9B. Other Information
2024 Cash Bonus Determinations for Certain Executive Officers
On February 17, 2025, the Company’s Compensation Committee determined cash bonus awards for the following executive officers of the Company in the amounts set forth opposite their names, with respect to their performance in 2024:
| Phong Le | $880,000 |
|---|---|
| President & Chief Executive Officer | |
| Andrew Kang | $550,000 |
| Executive Vice President & Chief Financial Officer | |
| W. Ming Shao | $550,000 |
Executive Vice President & General Counsel
The Company’s Compensation Committee determined the foregoing awards based on its subjective evaluation of the performance of these executive officers in the context of general economic and industry conditions and Company performance during 2024.
Salary Determinations for Certain Executive Officers
On February 17, 2025, the Company’s Compensation Committee approved the annual salaries of the following executive officers of the Company, in the amounts set forth opposite their names, effective January 1, 2025:
| Michael SaylorExecutive Chairman | $1 |
|---|---|
| Phong Le | $1,100,000 |
| Andrew Kang | $700,000 |
| W. Ming Shao | $700,000 |
Annual Discretionary Cash Bonus Targets for Certain Executive Officers
On February 17, 2025, the Company’s Compensation Committee established an annual discretionary cash bonus target for 2025 for the following executive officers of the Company in the amounts set forth opposite their names:
| Phong Le | $1,300,000 |
|---|---|
| Andrew Kang | $600,000 |
| W. Ming Shao | $500,000 |
Awards pursuant to the foregoing discretionary cash bonus target will be determined by the Company’s Compensation Committee based on its subjective evaluation of the performance of each of the executive officers in the context of general economic and industry conditions and the Company’s performance and achievement of its operational objectives during the year.
Rule 10b5-1 Information
None of our directors or officers adopted orterminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the fourth quarter of 2024.
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