Jarrod M. Patten - Feb 15, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Feb 15, 2024
Transactions value $
-$739,277
Form type
4
Date filed
2/16/2024, 05:06 PM
Previous filing
Feb 15, 2024
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $103K +850 $121.43 850 Feb 15, 2024 Direct
transaction MSTR Class A Common Stock Sale -$357K -450 -52.94% $792.44 400 Feb 15, 2024 Direct
transaction MSTR Class A Common Stock Sale -$321K -400 -100% $801.61 0 Feb 15, 2024 Direct F1
transaction MSTR Class A Common Stock Options Exercise $33.4K +275 $121.43 275 Feb 16, 2024 Direct
transaction MSTR Class A Common Stock Sale -$199K -275 -100% $722.34 0 Feb 16, 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 Director Stock Option (Right to buy) Options Exercise $0 -850 -5.73% $0.00 14K Feb 15, 2024 Class A Common Stock 850 $121.43 Direct F3, F4
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -275 -1.97% $0.00 13.7K Feb 16, 2024 Class A Common Stock 275 $121.43 Direct F4, F5
* 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 $801.57 to $801.62, 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.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $722.12 to $722.35, 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.
F3 The 850 shares exercised on February 15, 2024 pursuant to this option vested on April 30, 2017. Of the remaining 13,980 shares subject to this option, 5,230 shares vested on April 30, 2017 and 8,750 shares vested on April 30, 2018.
F4 See Exhibit A.
F5 The 275 shares exercised on February 16, 2024 pursuant to this option vested on April 30, 2017. Of the remaining 13,705 shares subject to this option, 4,955 shares vested on April 30, 2017 and 8,750 shares vested on April 30, 2018.