Stephen X. Graham - 13 Nov 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
13 Nov 2024
Net transactions value
-$10,874,784
Form type
4
Filing time
14 Nov 2024, 16:07:36 UTC
Previous filing
04 Jun 2024
Next filing
25 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 $547,080 +30,000 +430% $18.24 36,970 13 Nov 2024 Direct F1
transaction MSTR Class A Common Stock Sale $3,114,934 -8,200 -22% $379.87 28,770 13 Nov 2024 Direct F2
transaction MSTR Class A Common Stock Sale $5,977,304 -15,700 -55% $380.72 13,070 13 Nov 2024 Direct F3
transaction MSTR Class A Common Stock Sale $2,305,530 -6,037 -46% $381.90 7,033 13 Nov 2024 Direct F4
transaction MSTR Class A Common Stock Sale $24,096 -63 -0.9% $382.47 6,970 13 Nov 2024 Direct

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 -30,000 -60% $0.000000 20,000 13 Nov 2024 Class A Common Stock 30,000 $18.24 Direct F5, F6
* 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 $379.21 to $380.14, 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 $380.25 to $381.20, 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 $381.32 to $382.30, 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.
F5 As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $182.36 per share to $18.236 per share and the number of shares underlying this option increased from 5,000 shares to 50,000 shares. Of the 30,000 shares exercised on November 13, 2024 pursuant to this option, 12,500 shares vested on May 31, 2018, 12,500 shares vested on May 31, 2019, and 5,000 shares vested on May 31, 2020. Of the remaining 20,000 shares subject to this option, 7,500 shares vested on May 31, 2020 and 12,500 shares vested on May 31, 2021.
F6 See Exhibit A.