Jarrod M. Patten - Mar 20, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Mar 20, 2024
Transactions value $
-$7,445,331
Form type
4
Date filed
3/22/2024, 04:36 PM
Previous filing
Mar 19, 2024
Next filing
May 29, 2024

Transactions Table

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 -1.43K -27.94% $0.00 3.68K Mar 20, 2024 Class A Common Stock 1.43K $121.43 Direct F2, F3
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -3.68K -100% $0.00* 0 Mar 21, 2024 Class A Common Stock 3.68K $121.43 Direct F3, F4
* 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 $1,598.32 to $1,598.75, 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 1,425 shares exercised on March 20, 2024 pursuant to this option vested on April 30, 2018. The remaining 3,675 shares subject to this option vested on April 30, 2018.
F3 See Exhibit A.
F4 The 3,675 shares exercised on March 21, 2024 pursuant to this option vested on April 30, 2018.