Michael J. Saylor - 18 Jan 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: MSTR
Reported as of: 18 Jan 2024
Net transaction value: -$1,890,047
SEC form: 4
Accepted by SEC: 19 Jan 2024, 16:06:59 UTC
Prior SEC filing: 18 Jan 2024
Next SEC filing: 22 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Joseph Phillips, Attorney-in-Fact

Key filing fact

Michael J. Saylor filed Form 4 for MICROSTRATEGY Inc (MSTR) on 19 Jan 2024.

Key facts

This page summarizes Michael J. Saylor's Form 4 filing for MICROSTRATEGY Inc (MSTR).
26 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 19 Jan 2024, 16:06.

Change

Previous filing in this sequence was filed on 18 Jan 2024.
Current net transaction value: -$1,890,047.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSTR transaction

Class A Common Stock

Options Exercise

Transaction value: $607,150
Shares: +5,000
Change %
Price: $121.43
Shares after: 5,000
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $95,840
Shares: -200
Change %: -4%
Price: $479.20
Shares after: 4,800
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $48,100
Shares: -100
Change %: -2.1%
Price: $481.00
Shares after: 4,700
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $48,395
Shares: -100
Change %: -2.1%
Price: $483.95
Shares after: 4,600
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $96,996
Shares: -200
Change %: -4.3%
Price: $484.98
Shares after: 4,400
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $48,588
Shares: -100
Change %: -2.3%
Price: $485.88
Shares after: 4,300
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $57,409
Shares: -118
Change %: -2.7%
Price: $486.52
Shares after: 4,182
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F2

MSTR transaction

Class A Common Stock

Sale

Transaction value: $325,269
Shares: -667
Change %: -16%
Price: $487.66
Shares after: 3,515
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F3

MSTR transaction

Class A Common Stock

Sale

Transaction value: $133,639
Shares: -273
Change %: -7.8%
Price: $489.52
Shares after: 3,242
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F4

MSTR transaction

Class A Common Stock

Sale

Transaction value: $98,358
Shares: -200
Change %: -6.2%
Price: $491.79
Shares after: 3,042
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F5

MSTR transaction

Class A Common Stock

Sale

Transaction value: $49,265
Shares: -100
Change %: -3.3%
Price: $492.65
Shares after: 2,942
Date: 12 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $49,663
Shares: -100
Change %: -3.4%
Price: $496.63
Shares after: 2,842
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $121,002
Shares: -242
Change %: -8.5%
Price: $500.01
Shares after: 2,600
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F6

MSTR transaction

Class A Common Stock

Sale

Transaction value: $200,796
Shares: -400
Change %: -15%
Price: $501.99
Shares after: 2,200
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $50,300
Shares: -100
Change %: -4.5%
Price: $503.00
Shares after: 2,100
Date: 12 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $100,838
Shares: -200
Change %: -9.5%
Price: $504.19
Shares after: 1,900
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $202,928
Shares: -400
Change %: -21%
Price: $507.32
Shares after: 1,500
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F7

MSTR transaction

Class A Common Stock

Sale

Transaction value: $152,484
Shares: -300
Change %: -20%
Price: $508.28
Shares after: 1,200
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F8

MSTR transaction

Class A Common Stock

Sale

Transaction value: $50,947
Shares: -100
Change %: -8.3%
Price: $509.47
Shares after: 1,100
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $51,145
Shares: -100
Change %: -9.1%
Price: $511.45
Shares after: 1,000
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $153,837
Shares: -300
Change %: -30%
Price: $512.79
Shares after: 700
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F9

MSTR transaction

Class A Common Stock

Sale

Transaction value: $51,400
Shares: -100
Change %: -14%
Price: $514.00
Shares after: 600
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $154,644
Shares: -300
Change %: -50%
Price: $515.48
Shares after: 300
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F10

MSTR transaction

Class A Common Stock

Sale

Transaction value: $51,667
Shares: -100
Change %: -33%
Price: $516.67
Shares after: 200
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $103,686
Shares: -200
Change %: -100%
Price: $518.43
Shares after: 0
Date: 18 Jan 2024
Ownership: Direct
Footnotes: F1, F11

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSTR transaction Derivative

Employee Stock Option (Right to buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -1.4%
Price: $0.000000
Shares after: 340,000
Date: 18 Jan 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $121.43
Footnotes: F12

MSTR holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,961,668
Date: 18 Jan 2024
Ownership: Shares owned by LLC
Underlying class: Class A Common Stock
Underlying amount: 1,961,668
Exercise price
Footnotes: F13, F14

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 14 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2023.

Footnote F2

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $486.33 to $486.60, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F3

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $487.15 to $487.99, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F4

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $489.50 to $489.56, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F5

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $491.63 to $491.94, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F6

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.00 to $500.02, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F7

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $507.00 to $507.97, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F8

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $508.00 to $508.56, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F9

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $512.61 to $512.93, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F10

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $515.00 to $515.72, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F11

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $518.00 to $518.85, inclusive. The reporting person undertakes to provide to MicroStrategy Incorporated, any security holder of MicroStrategy Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

Footnote F12

The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.

Footnote F13

Shares of Class B Common Stock are convertible immediately upon receipt into shares of Class A Common Stock on a 1-for-1 basis and have no expiration date.

Footnote F14

Shares that are indicated as being "owned by LLC" are owned directly by Alcantara LLC (the "LLC"), and indirectly by Mr. Saylor as the sole member of the LLC.