Jeanine Montgomery - 06 Nov 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
SVP & CAO
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
06 Nov 2024
Net transactions value
-$10,591,109
Form type
4
Filing time
08 Nov 2024, 16:10:15 UTC
Previous filing
20 Jun 2024
Next filing
15 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $3,888,169 +56,250 +992% $69.12 61,920 06 Nov 2024 Direct F1
transaction MSTR Class A Common Stock Sale $2,842,627 -11,124 -18% $255.54 50,796 06 Nov 2024 Direct F2
transaction MSTR Class A Common Stock Sale $2,936,444 -11,445 -23% $256.57 39,351 06 Nov 2024 Direct F3
transaction MSTR Class A Common Stock Sale $3,304,367 -12,831 -33% $257.53 26,520 06 Nov 2024 Direct F4
transaction MSTR Class A Common Stock Sale $3,623,499 -14,025 -53% $258.36 12,495 06 Nov 2024 Direct F5
transaction MSTR Class A Common Stock Sale $1,277,200 -4,925 -39% $259.33 7,570 06 Nov 2024 Direct F6
transaction MSTR Class A Common Stock Sale $495,140 -1,900 -25% $260.60 5,670 06 Nov 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 -56,250 -75% $0.000000 18,750 06 Nov 2024 Class A Common Stock 56,250 $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.