Le Phong - Mar 21, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role: President & CEO, Director
Signature: /s/ Joseph Phillips, Attorney-in-Fact
Stock symbol: MSTR
Transactions as of: Mar 21, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/25/2024, 08:16 PM
Previous filing: Mar 1, 2024
Next filing: Jun 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MSTR	Class A Common Stock						665	Mar 21, 2024	Direct	F1

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)	Award	$0	+2.67K		$0.00	2.67K	Mar 21, 2024	Class A Common Stock	2.67K	$1,599.29	Direct	F2, F3
transaction	MSTR	Restricted Stock Units	Award	$0	+2.93K		$0.00	2.93K	Mar 21, 2024	Class A Common Stock	2.93K		Direct	F3, F4, F5
transaction	MSTR	Performance Stock Units	Award	$0	+1.86K		$0.00	1.86K	Mar 21, 2024	Class A Common Stock	1.86K		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 70 shares acquired under MicroStrategy's Employee Stock Purchase Plan on February 29, 2024.
F2	25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.
F3	See Exhibit A.
F4	Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.
F5	25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.
F6	Each PSU represents a contingent right to receive shares of MicroStrategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on MicroStrategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 21, 2024 to March 20, 2027). Vesting is subject to certification by MicroStrategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.