Leslie J. Rechan - Nov 7, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Nov 7, 2024
Transactions value $
-$11,504,757
Form type
4
Date filed
11/12/2024, 04:09 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $255K +20K +402.41% $12.75 25K Nov 7, 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$3.07M -11.2K -44.74% $275.04 13.8K Nov 7, 2024 Direct F2
transaction MSTR Class A Common Stock Sale -$2.44M -8.83K -63.98% $275.80 4.97K Nov 7, 2024 Direct F3
transaction MSTR Class A Common Stock Options Exercise $223K +17.5K +352.11% $12.75 22.5K Nov 11, 2024 Direct
transaction MSTR Class A Common Stock Options Exercise $32.4K +2.5K +11.13% $12.96 25K Nov 11, 2024 Direct
transaction MSTR Class A Common Stock Sale -$5.79M -17.8K -71.29% $325.23 7.17K Nov 11, 2024 Direct F4
transaction MSTR Class A Common Stock Sale -$719K -2.2K -30.68% $326.60 4.97K Nov 11, 2024 Direct F5
holding MSTR Class A Common Stock 20K Nov 7, 2024 By Meredithe Rechan 2021 Family Trust

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 Director Stock Option (Right to buy) Options Exercise $0 -20K -53.33% $0.00 17.5K Nov 7, 2024 Class A Common Stock 20K $12.75 Direct F6, F7
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -17.5K -100% $0.00 0 Nov 11, 2024 Class A Common Stock 17.5K $12.75 Direct F7, F8
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -2.5K -20% $0.00 10K Nov 11, 2024 Class A Common Stock 2.5K $12.96 Direct F7, 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 $274.60 to $275.59, 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 $275.60 to $276.30, 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 $325.00 to $325.89, 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 $326.21 to $327.05, 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.
F6 As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $127.46 per share to $12.746 per share and the number of shares underlying this option increased from 3,750 shares to 37,500 shares. The 20,000 shares exercised on November 7, 2024 pursuant to this option vested on April 30, 2022. The remaining 17,500 shares subject to this option vested on April 30, 2022.
F7 See Exhibit A.
F8 The 17,500 shares exercised on November 11, 2024 pursuant to this option vested on April 30, 2022.
F9 As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $129.57 per share to $12.957 per share and the number of shares underlying this option increased from 1,250 shares to 12,500 shares. The 2,500 shares exercised on November 11, 2024 pursuant to this option vested on May 31, 2022. The remaining 10,000 shares subject to this option vested on May 31, 2022.