Michael J. Saylor - Feb 8, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Feb 8, 2024
Transactions value $
-$2,284,175
Form type
4
Date filed
2/9/2024, 04:04 PM
Previous filing
Feb 8, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $607K +5K $121.43 5K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$11.1K -21 -0.42% $530.72 4.98K Feb 8, 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale -$9.61K -18 -0.36% $533.86 4.96K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.65K -18 -0.36% $535.98 4.94K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.66K -18 -0.36% $536.73 4.93K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.73K -18 -0.37% $540.47 4.91K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.75K -18 -0.37% $541.64 4.89K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.79K -18 -0.37% $543.80 4.87K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$9.99K -18 -0.37% $555.00 4.85K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$10.2K -18 -0.37% $564.24 4.84K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$10.2K -18 -0.37% $567.48 4.82K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$10.3K -18 -0.37% $571.69 4.8K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$10.3K -18 -0.38% $572.83 4.78K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$57.3K -100 -2.09% $573.02 4.68K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$125K -218 -4.66% $574.90 4.46K Feb 8, 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale -$57.7K -100 -2.24% $576.63 4.36K Feb 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$577K -1K -22.92% $577.20 3.36K Feb 8, 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale -$173K -300 -8.92% $578.29 3.06K Feb 8, 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale -$290K -500 -16.32% $579.69 2.56K Feb 8, 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale -$707K -1.22K -47.52% $580.70 1.35K Feb 8, 2024 Direct F1, F7
transaction MSTR Class A Common Stock Sale -$333K -573 -42.6% $581.33 772 Feb 8, 2024 Direct F1, F8
transaction MSTR Class A Common Stock Sale -$391K -672 -87.05% $582.46 100 Feb 8, 2024 Direct F1, F9
transaction MSTR Class A Common Stock Sale -$58.4K -100 -100% $584.00 0 Feb 8, 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 -5K -1.85% $0.00 265K Feb 8, 2024 Class A Common Stock 5K $121.43 Direct F10
holding MSTR Class B Common Stock 1.96M Feb 8, 2024 Class A Common Stock 1.96M 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.