Wei-Ming Shao - 14 Feb 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
14 Feb 2024
Net transactions value
-$2,038,306
Form type
4
Filing time
15 Feb 2024, 16:11:16 UTC
Previous filing
13 Feb 2024
Next filing
28 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 $515,440 +3,400 +751% $151.60* 3,853 14 Feb 2024 Direct
transaction MSTR Class A Common Stock Sale $149,200 -200 -5.2% $746.00 3,653 14 Feb 2024 Direct
transaction MSTR Class A Common Stock Sale $1,241,414 -1,660 -45% $747.84 1,993 14 Feb 2024 Direct
transaction MSTR Class A Common Stock Sale $629,731 -840 -42% $749.68 1,153 14 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $533,400 -700 -61% $762.00 453 14 Feb 2024 Direct F2

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 -3,400 -28% $0.000000 8,750 14 Feb 2024 Class A Common Stock 3,400 $151.60 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $749.64 to $749.77, 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.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $762.00 to $762.02, 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.
F3 Of the 3,400 shares exercised on February 14, 2024 pursuant to this option, 2,150 shares vested on November 22, 2021 and 1,250 shares vested on November 22, 2022. Of the remaining 8,750 shares subject to this option, 3,750 shares vested on November 22, 2022 and 5,000 shares vested on November 22, 2023.
F4 See Exhibit A.