MICHAEL J. SAYLOR - 07 Feb 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
07 Feb 2024
Net transactions value
-$1,849,440
Form type
4
Filing time
08 Feb 2024, 16:06:03 UTC
Previous filing
07 Feb 2024
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $607,150 +5,000 $121.43 5,000 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $12,735 -27 -0.54% $471.67 4,973 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $47,453 -100 -2% $474.53 4,873 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $47,619 -100 -2.1% $476.19 4,773 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $10,986 -23 -0.48% $477.64 4,750 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $252,664 -528 -11% $478.53 4,222 07 Feb 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale $23,520 -49 -1.2% $480.00 4,173 07 Feb 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale $48,167 -100 -2.4% $481.67 4,073 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $59,335 -123 -3% $482.40 3,950 07 Feb 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale $144,978 -300 -7.6% $483.26 3,650 07 Feb 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale $59,059 -122 -3.3% $484.09 3,528 07 Feb 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale $10,204 -21 -0.6% $485.91 3,507 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $97,500 -200 -5.7% $487.50 3,307 07 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $113,327 -232 -7% $488.48 3,075 07 Feb 2024 Direct F1, F7
transaction MSTR Class A Common Stock Sale $82,783 -169 -5.5% $489.84 2,906 07 Feb 2024 Direct F1, F8
transaction MSTR Class A Common Stock Sale $111,807 -228 -7.8% $490.38 2,678 07 Feb 2024 Direct F1, F9
transaction MSTR Class A Common Stock Sale $67,868 -138 -5.2% $491.80 2,540 07 Feb 2024 Direct F1, F10
transaction MSTR Class A Common Stock Sale $66,456 -135 -5.3% $492.27 2,405 07 Feb 2024 Direct F1, F11
transaction MSTR Class A Common Stock Sale $255,545 -518 -22% $493.33 1,887 07 Feb 2024 Direct F1, F12
transaction MSTR Class A Common Stock Sale $73,195 -148 -7.8% $494.56 1,739 07 Feb 2024 Direct F1, F13
transaction MSTR Class A Common Stock Sale $83,743 -169 -9.7% $495.52 1,570 07 Feb 2024 Direct F1, F14
transaction MSTR Class A Common Stock Sale $25,803 -52 -3.3% $496.22 1,518 07 Feb 2024 Direct F1, F15
transaction MSTR Class A Common Stock Sale $90,550 -182 -12% $497.53 1,336 07 Feb 2024 Direct F1, F16
transaction MSTR Class A Common Stock Sale $141,061 -283 -21% $498.45 1,053 07 Feb 2024 Direct F1, F17
transaction MSTR Class A Common Stock Sale $54,943 -110 -10% $499.48 943 07 Feb 2024 Direct F1, F18
transaction MSTR Class A Common Stock Sale $83,022 -166 -18% $500.13 777 07 Feb 2024 Direct F1, F19
transaction MSTR Class A Common Stock Sale $85,226 -170 -22% $501.33 607 07 Feb 2024 Direct F1, F20
transaction MSTR Class A Common Stock Sale $108,892 -216 -36% $504.13 391 07 Feb 2024 Direct F1, F21
transaction MSTR Class A Common Stock Sale $132,095 -261 -67% $506.11 130 07 Feb 2024 Direct F1, F22
transaction MSTR Class A Common Stock Sale $66,053 -130 -100% $508.10 0 07 Feb 2024 Direct F1, F23

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -5,000 -1.8% $0.000000 270,000 07 Feb 2024 Class A Common Stock 5,000 $121.43 Direct F24
holding MSTR Class B Common Stock 1,961,668 07 Feb 2024 Class A Common Stock 1,961,668 Shares owned by LLC F25, F26
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2023.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $478.00 to $478.75, 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.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $479.89 to $480.12, 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.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $482.34 to $482.66, 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.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $483.19 to $483.29, 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.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $484.00 to $484.49, 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $488.15 to $488.97, 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.
F8 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $489.35 to $489.99, 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.
F9 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $490.04 to $490.92, 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.
F10 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $491.44 to $491.90, 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.
F11 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $492.18 to $492.81, 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.
F12 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $493.04 to $493.35, 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.
F13 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $494.01 to $494.85, 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.
F14 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $495.11 to $495.89, 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.
F15 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $496.04 to $496.39, 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.
F16 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $497.37 to $497.90, 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.
F17 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $498.09 to $498.94, 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.
F18 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $499.21 to $499.78, 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.
F19 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $500.06 to $500.33, 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.
F20 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $501.07 to $501.98, 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.
F21 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $503.50 to $504.18, 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.
F22 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $505.89 to $506.20, 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.
F23 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $507.87 to $508.60, 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.
F24 The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.
F25 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.
F26 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.