Le Phong - Feb 14, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
President & CEO, Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Feb 14, 2024
Transactions value $
-$2,899,148
Form type
4
Date filed
2/15/2024, 04:15 PM
Previous filing
Dec 20, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $946K +5K +840.34% $189.16 5.6K Feb 14, 2024 Direct
transaction MSTR Class A Common Stock Sale -$1.94M -2.53K -45.13% $767.05 3.07K Feb 14, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$672K -875 -28.5% $768.27 2.2K Feb 14, 2024 Direct F2
transaction MSTR Class A Common Stock Sale -$154K -200 -9.11% $771.35 2K Feb 14, 2024 Direct F3
transaction MSTR Class A Common Stock Sale -$1.08M -1.4K -70.18% $772.60 595 Feb 14, 2024 Direct F4

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 -100% $0.00* 0 Feb 14, 2024 Class A Common Stock 5K $189.16 Direct F5, F6
* 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 $766.90 to $767.83, 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 $768.00 to $768.72, 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.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $771.23 to $771.47, 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 $772.23 to $773.10, 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 5,000 shares exercised on February 14, 2024 pursuant to this option vested on March 8, 2021.
F6 See Exhibit A.