Michael J. Saylor - 01 Apr 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: MSTR
Reported as of: 01 Apr 2024
Net transaction value: -$7,547,227
SEC form: 4
Accepted by SEC: 02 Apr 2024, 16:08:15 UTC
Prior SEC filing: 29 Mar 2024
Next SEC filing: 03 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Joseph Phillips, Attorney-in-Fact

Key filing fact

Michael J. Saylor filed Form 4 for MICROSTRATEGY Inc (MSTR) on 02 Apr 2024.

Key facts

This page summarizes Michael J. Saylor's Form 4 filing for MICROSTRATEGY Inc (MSTR).
31 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Apr 2024, 16:08.

Change

Previous filing in this sequence was filed on 29 Mar 2024.
Current net transaction value: -$7,547,227.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSTR transaction

Class A Common Stock

Options Exercise

Transaction value: $607,150
Shares: +5,000
Change %
Price: $121.43^*
Shares after: 5,000
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $318,996
Shares: -200
Change %: -4%
Price: $1594.98
Shares after: 4,800
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F2

MSTR transaction

Class A Common Stock

Sale

Transaction value: $159,657
Shares: -100
Change %: -2.1%
Price: $1596.57
Shares after: 4,700
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $160,000
Shares: -100
Change %: -2.1%
Price: $1600.00
Shares after: 4,600
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $320,840
Shares: -200
Change %: -4.3%
Price: $1604.20
Shares after: 4,400
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $321,600
Shares: -200
Change %: -4.5%
Price: $1608.00
Shares after: 4,200
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $161,113
Shares: -100
Change %: -2.4%
Price: $1611.13
Shares after: 4,100
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $322,470
Shares: -200
Change %: -4.9%
Price: $1612.35
Shares after: 3,900
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $161,499
Shares: -100
Change %: -2.6%
Price: $1614.99
Shares after: 3,800
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $485,502
Shares: -300
Change %: -7.9%
Price: $1618.34
Shares after: 3,500
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F3

MSTR transaction

Class A Common Stock

Sale

Transaction value: $354,677
Shares: -219
Change %: -6.3%
Price: $1619.53
Shares after: 3,281
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F4

MSTR transaction

Class A Common Stock

Sale

Transaction value: $162,191
Shares: -100
Change %: -3%
Price: $1621.91
Shares after: 3,181
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $162,553
Shares: -100
Change %: -3.1%
Price: $1625.53
Shares after: 3,081
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $325,318
Shares: -200
Change %: -6.5%
Price: $1626.59
Shares after: 2,881
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F5

MSTR transaction

Class A Common Stock

Sale

Transaction value: $488,724
Shares: -300
Change %: -10%
Price: $1629.08
Shares after: 2,581
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F6

MSTR transaction

Class A Common Stock

Sale

Transaction value: $489,000
Shares: -300
Change %: -12%
Price: $1630.00
Shares after: 2,281
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $339,616
Shares: -208
Change %: -9.1%
Price: $1632.77
Shares after: 2,073
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F7

MSTR transaction

Class A Common Stock

Sale

Transaction value: $163,500
Shares: -100
Change %: -4.8%
Price: $1635.00
Shares after: 1,973
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $590,823
Shares: -361
Change %: -18%
Price: $1636.63
Shares after: 1,612
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F8

MSTR transaction

Class A Common Stock

Sale

Transaction value: $327,954
Shares: -200
Change %: -12%
Price: $1639.77
Shares after: 1,412
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F9

MSTR transaction

Class A Common Stock

Sale

Transaction value: $73,852
Shares: -45
Change %: -3.2%
Price: $1641.15
Shares after: 1,367
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $164,278
Shares: -100
Change %: -7.3%
Price: $1642.78
Shares after: 1,267
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $64,155
Shares: -39
Change %: -3.1%
Price: $1645.01
Shares after: 1,228
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $825,000
Shares: -500
Change %: -41%
Price: $1650.00
Shares after: 728
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $165,500
Shares: -100
Change %: -14%
Price: $1655.00
Shares after: 628
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $331,290
Shares: -200
Change %: -32%
Price: $1656.45
Shares after: 428
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F10

MSTR transaction

Class A Common Stock

Sale

Transaction value: $166,042
Shares: -100
Change %: -23%
Price: $1660.42
Shares after: 328
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $166,637
Shares: -100
Change %: -30%
Price: $1666.37
Shares after: 228
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $46,700
Shares: -28
Change %: -12%
Price: $1667.84
Shares after: 200
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $334,890
Shares: -200
Change %: -100%
Price: $1674.45
Shares after: 0
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F11

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSTR transaction Derivative

Employee Stock Option (Right to buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -5.3%
Price: $0.000000
Shares after: 90,000
Date: 01 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $121.43
Footnotes: F12

MSTR holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,961,668
Date: 01 Apr 2024
Ownership: Shares owned by LLC
Underlying class: Class A Common Stock
Underlying amount: 1,961,668
Exercise price
Footnotes: F13, F14

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 14 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2023.

Footnote F2

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,594.95 to $1,595.00, 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.

Footnote F3

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,618.25 to $1,618.53, 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.

Footnote F4

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,619.13 to $1,620.00, 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.

Footnote F5

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,626.26 to $1,626.91, 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.

Footnote F6

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,628.75 to $1,629.73, 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.

Footnote F7

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,632.54 to $1,632.99, 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.

Footnote F8

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,636.02 to $1,636.91, 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.

Footnote F9

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,639.55 to $1,639.99, 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.

Footnote F10

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,656.44 to $1,656.45, 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.

Footnote F11

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,674.04 to $1,674.85, 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.

Footnote F12

The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.

Footnote F13

Shares of Class B Common Stock are convertible immediately upon receipt into shares of Class A Common Stock on a 1-for-1 basis and have no expiration date.

Footnote F14

Shares that are indicated as being "owned by LLC" are owned directly by Alcantara LLC (the "LLC"), and indirectly by Mr. Saylor as the sole member of the LLC.