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

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Mar 8, 2024
Transactions value $
-$1,485,801
Form type
4
Date filed
3/11/2024, 04:11 PM
Previous filing
Mar 8, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Sale -$39.2K -28 -2.67% $1,400.29 1.02K Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$40.6K -29 -2.84% $1,401.61 993 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$45K -32 -3.22% $1,405.40 961 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$167K -119 -12.38% $1,406.60 842 Mar 8, 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale -$175K -124 -14.73% $1,408.66 718 Mar 8, 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale -$81.8K -58 -8.08% $1,410.70 660 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$295K -209 -31.67% $1,413.76 451 Mar 8, 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale -$157K -111 -24.61% $1,414.85 340 Mar 8, 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale -$86.4K -61 -17.94% $1,415.58 279 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$36.9K -26 -9.32% $1,417.58 253 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$132K -93 -36.76% $1,423.88 160 Mar 8, 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale -$85.8K -60 -37.5% $1,430.58 100 Mar 8, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$143K -100 -100% $1,431.06 0 Mar 8, 2024 Direct F1
* 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 $1,406.17 to $1,406.76, 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.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,408.07 to $1,408.80, 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 $1,413.62 to $1,413.98, 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.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,414.77 to $1,414.95, 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.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,423.82 to $1,423.92, 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.

Remarks:

This Form 4 is the second of two Forms 4 being filed by the reporting person relating to transactions that occurred on March 8, 2024. Because there are more than 30 rows associated with the reporting person's transactions that occurred on March 8, 2024, and EDGAR will not allow for the entry of more than 30 rows on a single Form 4, this second Form 4 is being filed to report the transactions that were not included on the first Form 4. The two Forms 4 filed by the reporting person on the date hereof should be read together as one consolidated filing.