Michael J. Saylor - Mar 28, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Mar 28, 2024
Transactions value $
-$1,978,804
Form type
4
Date filed
3/29/2024, 04:05 PM
Previous filing
Mar 28, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Sale -$186K -100 -9.74% $1,860.00 927 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$187K -100 -10.79% $1,872.00 827 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$188K -100 -12.09% $1,881.99 727 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$192K -100 -13.76% $1,922.19 627 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$192K -100 -15.95% $1,924.99 527 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$52.5K -27 -5.12% $1,943.00 500 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$195K -100 -20% $1,947.00 400 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$195K -100 -25% $1,950.25 300 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$196K -100 -33.33% $1,963.00 200 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$197K -100 -50% $1,965.00 100 Mar 28, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$198K -100 -100% $1,977.01 0 Mar 28, 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.

Remarks:

This Form 4 is the second of two Forms 4 being filed by the reporting person relating to transactions that occurred on March 28, 2024. Because there are more than 30 rows associated with the reporting person's transactions that occurred on March 28, 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.