MICHAEL J. SAYLOR - 08 Feb 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
08 Feb 2024
Net transactions value
-$2,284,175
Form type
4
Filing time
09 Feb 2024, 16:04:56 UTC
Previous filing
08 Feb 2024
Next filing
12 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 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $11,145 -21 -0.42% $530.72 4,979 08 Feb 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale $9,609 -18 -0.36% $533.86 4,961 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,648 -18 -0.36% $535.98 4,943 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,661 -18 -0.36% $536.73 4,925 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,728 -18 -0.37% $540.47 4,907 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,750 -18 -0.37% $541.64 4,889 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,788 -18 -0.37% $543.80 4,871 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $9,990 -18 -0.37% $555.00 4,853 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $10,156 -18 -0.37% $564.24 4,835 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $10,215 -18 -0.37% $567.48 4,817 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $10,290 -18 -0.37% $571.69 4,799 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $10,311 -18 -0.38% $572.83 4,781 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $57,302 -100 -2.1% $573.02 4,681 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $125,328 -218 -4.7% $574.90 4,463 08 Feb 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale $57,663 -100 -2.2% $576.63 4,363 08 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $577,200 -1,000 -23% $577.20 3,363 08 Feb 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale $173,487 -300 -8.9% $578.29 3,063 08 Feb 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale $289,845 -500 -16% $579.69 2,563 08 Feb 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale $707,293 -1,218 -48% $580.70 1,345 08 Feb 2024 Direct F1, F7
transaction MSTR Class A Common Stock Sale $333,102 -573 -43% $581.33 772 08 Feb 2024 Direct F1, F8
transaction MSTR Class A Common Stock Sale $391,413 -672 -87% $582.46 100 08 Feb 2024 Direct F1, F9
transaction MSTR Class A Common Stock Sale $58,400 -100 -100% $584.00 0 08 Feb 2024 Direct F1

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 -1.9% $0.000000 265,000 08 Feb 2024 Class A Common Stock 5,000 $121.43 Direct F10
holding MSTR Class B Common Stock 1,961,668 08 Feb 2024 Class A Common Stock 1,961,668 Shares owned by LLC F11, F12
* 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 $530.00 to $530.84, 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 $574.21 to $574.96, 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 $577.00 to $577.62, 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 $578.08 to $578.50, 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 $579.27 to $579.89, 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $580.09 to $580.98, 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.
F8 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $581.00 to $581.96, 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 $582.08 to $582.97, 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.
F10 The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.
F11 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.
F12 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.