MICHAEL J. SAYLOR - 12 Mar 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
12 Mar 2024
Net transactions value
-$2,637,739
Form type
4
Filing time
13 Mar 2024, 17:22:42 UTC
Previous filing
12 Mar 2024
Next filing
14 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Sale $24,578 -16 -0.95% $1536.11* 1,677 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $307,564 -200 -12% $1537.82* 1,477 12 Mar 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale $30,779 -20 -1.4% $1538.97* 1,457 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $72,349 -47 -3.2% $1539.33* 1,410 12 Mar 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale $41,626 -27 -1.9% $1541.70* 1,383 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $52,441 -34 -2.5% $1542.37* 1,349 12 Mar 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale $108,018 -70 -5.2% $1543.11* 1,279 12 Mar 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale $154,651 -100 -7.8% $1546.51* 1,179 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $68,110 -44 -3.7% $1547.96* 1,135 12 Mar 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale $85,159 -55 -4.8% $1548.34* 1,080 12 Mar 2024 Direct F1, F7
transaction MSTR Class A Common Stock Sale $141,000 -91 -8.4% $1549.45* 989 12 Mar 2024 Direct F1, F8
transaction MSTR Class A Common Stock Sale $51,166 -33 -3.3% $1550.50* 956 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $40,343 -26 -2.7% $1551.67* 930 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $232,928 -150 -16% $1552.85* 780 12 Mar 2024 Direct F1, F9
transaction MSTR Class A Common Stock Sale $48,147 -31 -4% $1553.12* 749 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $79,408 -51 -6.8% $1557.01* 698 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $99,754 -64 -9.2% $1558.66* 634 12 Mar 2024 Direct F1, F10
transaction MSTR Class A Common Stock Sale $210,526 -135 -21% $1559.45* 499 12 Mar 2024 Direct F1, F11
transaction MSTR Class A Common Stock Sale $68,749 -44 -8.8% $1562.48* 455 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $65,687 -42 -9.2% $1563.98* 413 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $75,257 -48 -12% $1567.86* 365 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $63,002 -40 -11% $1575.06* 325 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $69,648 -44 -14% $1582.92* 281 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $61,742 -39 -14% $1583.14* 242 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $73,052 -46 -19% $1588.08* 196 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $73,149 -46 -23% $1590.19* 150 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $113,032 -71 -47% $1592.00* 79 12 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $125,875 -79 -100% $1593.35* 0 12 Mar 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 $1,537.71 to $1,537.93, 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 $1,539.15 to $1,539.60, 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 $1,542.15 to $1,542.65, 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 $1,543.00 to $1,543.26, 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 $1,547.94 to $1,547.97, 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,548.04 to $1,548.67, 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 $1,549.21 to $1,549.78, 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 $1,552.29 to $1,552.99, 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 $1,558.58 to $1,558.74, 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 $1,559.13 to $1,559.57, 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 12, 2024. Because there are more than 30 rows associated with the reporting person's transactions that occurred on March 12, 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.