Jeanine Montgomery - Nov 6, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
SVP & CAO
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Nov 6, 2024
Transactions value $
-$10,591,109
Form type
4
Date filed
11/8/2024, 04:10 PM
Previous filing
Jun 20, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $3.89M +56.3K +992.06% $69.12 61.9K Nov 6, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$2.84M -11.1K -17.97% $255.54 50.8K Nov 6, 2024 Direct F2
transaction MSTR Class A Common Stock Sale -$2.94M -11.4K -22.53% $256.57 39.4K Nov 6, 2024 Direct F3
transaction MSTR Class A Common Stock Sale -$3.3M -12.8K -32.61% $257.53 26.5K Nov 6, 2024 Direct F4
transaction MSTR Class A Common Stock Sale -$3.62M -14K -52.88% $258.36 12.5K Nov 6, 2024 Direct F5
transaction MSTR Class A Common Stock Sale -$1.28M -4.93K -39.42% $259.33 7.57K Nov 6, 2024 Direct F6
transaction MSTR Class A Common Stock Sale -$495K -1.9K -25.1% $260.60 5.67K Nov 6, 2024 Direct F7

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 -56.3K -75% $0.00 18.8K Nov 6, 2024 Class A Common Stock 56.3K $69.12 Direct F8, F9
* 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 $255.04 to $256.03, 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 $256.06 to $257.02, 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 $257.06 to $258.02, 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 $258.06 to $259.03, 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 $259.14 to $260.05, 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 $260.43 to $260.75, 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.
F8 As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $691.23 per share to $69.123 per share and the number of shares underlying this option increased from 7,500 shares to 75,000 shares. Of the 56,250 shares exercised on November 6, 2024 pursuant to this option, 18,750 shares vested on February 23, 2022, 18,750 shares vested on February 23, 2023, and 18,750 shares vested on February 23, 2024. The remaining 18,750 shares subject to this option are scheduled to vest on February 23, 2025.
F9 See Exhibit A.