Le Phong - 27 Feb 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
27 Feb 2024
Net transactions value
-$7,096,441
Form type
4
Filing time
28 Feb 2024, 16:25:45 UTC
Previous filing
15 Feb 2024
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $1,516,000 +10,000 +1681% $151.60 10,595 27 Feb 2024 Direct
transaction MSTR Class A Common Stock Sale $332,910 -389 -3.7% $855.81 10,206 27 Feb 2024 Direct F1
transaction MSTR Class A Common Stock Sale $710,403 -829 -8.1% $856.94 9,377 27 Feb 2024 Direct F2
transaction MSTR Class A Common Stock Sale $1,091,941 -1,273 -14% $857.77 8,104 27 Feb 2024 Direct F3
transaction MSTR Class A Common Stock Sale $580,623 -676 -8.3% $858.91 7,428 27 Feb 2024 Direct F4
transaction MSTR Class A Common Stock Sale $632,218 -735 -9.9% $860.16 6,693 27 Feb 2024 Direct F5
transaction MSTR Class A Common Stock Sale $1,316,387 -1,528 -23% $861.51 5,165 27 Feb 2024 Direct F6
transaction MSTR Class A Common Stock Sale $740,690 -859 -17% $862.27 4,306 27 Feb 2024 Direct F7
transaction MSTR Class A Common Stock Sale $1,357,029 -1,572 -37% $863.25 2,734 27 Feb 2024 Direct F8
transaction MSTR Class A Common Stock Sale $1,243,944 -1,439 -53% $864.45 1,295 27 Feb 2024 Direct F9
transaction MSTR Class A Common Stock Sale $359,324 -415 -32% $865.84 880 27 Feb 2024 Direct F10
transaction MSTR Class A Common Stock Sale $246,972 -285 -32% $866.57 595 27 Feb 2024 Direct F11

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 -10,000 -15% $0.000000 55,000 27 Feb 2024 Class A Common Stock 10,000 $151.60 Direct F12, F13
* 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 $855.40 to $856.03, 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 $856.49 to $857.42, 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 $857.50 to $858.44, 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 $858.51 to $859.38, 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 $859.66 to $860.43, 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 $861.00 to $861.72, 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $862.00 to $862.95, 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 $863.00 to $863.81, 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 $864.22 to $865.09, 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $865.39 to $865.97, 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.
F11 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $866.53 to $866.76, 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.
F12 The 10,000 shares exercised on February 27, 2024 pursuant to this option vested on November 22, 2021. Of the remaining 55,000 shares subject to this option, 5,000 shares vested on November 22, 2021, 25,000 shares vested on November 22, 2022, and 25,000 shares vested on November 22, 2023.
F13 See Exhibit A.