MICHAEL J. SAYLOR - 25 Mar 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
25 Mar 2024
Net transactions value
-$3,372,663
Form type
4
Filing time
26 Mar 2024, 17:17:25 UTC
Previous filing
25 Mar 2024
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Sale $230,918 -129 -4.8% $1790.06 2,531 25 Mar 2024 Direct F1, F2
transaction MSTR Class A Common Stock Sale $179,729 -100 -4% $1797.29 2,431 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $68,358 -38 -1.6% $1798.90 2,393 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $98,957 -55 -2.3% $1799.22 2,338 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $66,627 -37 -1.6% $1800.74 2,301 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $84,674 -47 -2% $1801.58 2,254 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $90,132 -50 -2.2% $1802.63 2,204 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $180,300 -100 -4.5% $1803.00 2,104 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $57,802 -32 -1.5% $1806.31 2,072 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $94,007 -52 -2.5% $1807.82 2,020 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $85,014 -47 -2.3% $1808.80 1,973 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $85,050 -47 -2.4% $1809.58 1,926 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $57,931 -32 -1.7% $1810.35 1,894 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $76,242 -42 -2.2% $1815.28 1,852 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $52,692 -29 -1.6% $1816.95 1,823 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $72,905 -40 -2.2% $1822.63 1,783 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $298,072 -163 -9.1% $1828.66 1,620 25 Mar 2024 Direct F1, F3
transaction MSTR Class A Common Stock Sale $89,632 -49 -3% $1829.23 1,571 25 Mar 2024 Direct F1, F4
transaction MSTR Class A Common Stock Sale $40,273 -22 -1.4% $1830.57 1,549 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $38,464 -21 -1.4% $1831.62 1,528 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $102,602 -56 -3.7% $1832.18 1,472 25 Mar 2024 Direct F1, F5
transaction MSTR Class A Common Stock Sale $53,171 -29 -2% $1833.47 1,443 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $93,557 -51 -3.5% $1834.46 1,392 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $233,703 -127 -9.1% $1840.18 1,265 25 Mar 2024 Direct F1, F6
transaction MSTR Class A Common Stock Sale $75,586 -41 -3.2% $1843.57 1,224 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $79,295 -43 -3.5% $1844.06 1,181 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $405,973 -220 -19% $1845.33 961 25 Mar 2024 Direct F1, F7
transaction MSTR Class A Common Stock Sale $184,818 -100 -10% $1848.18 861 25 Mar 2024 Direct F1
transaction MSTR Class A Common Stock Sale $96,181 -52 -6% $1849.63 809 25 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 $1,790.00 to $1,790.28, 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 $1,828.58 to $1,828.92, 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.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,829.03 to $1,829.49, 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 $1,832.14 to $1,832.24, 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.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,840.14 to $1,840.32, 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 $1,845.01 to $1,845.61, 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 three Forms 4 being filed by the reporting person relating to transactions that occurred on March 25, 2024. Because there are more than 30 rows associated with the reporting person's transactions that occurred on March 25, 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 three Forms 4 filed by the reporting person on the date hereof should be read together as one consolidated filing.