Le Phong - Aug 16, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Aug 16, 2024
Transactions value $
-$5,872,293
Form type
4
Date filed
8/19/2024, 05:02 PM
Previous filing
Jun 20, 2024
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $740K +48.8K +385.46% $15.16* 61.5K Aug 16, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$6.51M -48.1K -78.2% $135.39* 13.4K Aug 16, 2024 Direct F2
transaction MSTR Class A Common Stock Sale -$100K -736 -5.49% $136.07* 12.7K Aug 16, 2024 Direct F3

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) Options Exercise $0 -48.8K -10.85% $0.00 401K Aug 16, 2024 Class A Common Stock 48.8K $15.16 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 7, 2024, the Issuer effected a 10-for-1 forward stock split. See Exhibit A for additional information.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.00 to $135.98, 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 $136.04 to $136.08, 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 As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $151.60 per share to $15.16 per share and the number of shares underlying this option increased from 45,000 shares to 450,000 shares. The 48,838 shares exercised on August 16, 2024 pursuant to this option vested on November 22, 2022. Of the remaining 401,162 shares subject to this option, 151,162 shares vested on November 22, 2022 and 250,000 shares vested on November 22, 2023.
F5 See Exhibit A.