Jarrod M. Patten - 12 Mar 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
12 Mar 2024
Net transactions value
-$3,619,034
Form type
4
Filing time
13 Mar 2024, 16:39:09 UTC
Previous filing
01 Mar 2024
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $312,682 +2,575 $121.43 2,575 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $841,932 -575 -22% $1464.23* 2,000 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $641,495 -425 -21% $1509.40* 1,575 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $304,758 -200 -13% $1523.79* 1,375 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $230,848 -150 -11% $1538.99* 1,225 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $308,272 -200 -16% $1541.36* 1,025 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $424,086 -275 -27% $1542.13* 750 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $154,790 -100 -13% $1547.90* 650 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $233,685 -150 -23% $1557.90* 500 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $236,864 -150 -30% $1579.09* 350 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $236,986 -150 -43% $1579.91* 200 12 Mar 2024 Direct
transaction MSTR Class A Common Stock Sale $318,000 -200 -100% $1590.00* 0 12 Mar 2024 Direct

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 -2,575 -34% $0.000000 5,100 12 Mar 2024 Class A Common Stock 2,575 $121.43 Direct F2, F3
* 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 $1,547.86 to $1,548.24, 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 2,575 shares exercised on March 12, 2024 pursuant to this option vested on April 30, 2018. The remaining 5,100 shares subject to this option vested on April 30, 2018.
F3 See Exhibit A.