Wei-Ming Shao - 05 Aug 2021 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role: SEVP & General Counsel
Signature: /s/ W. Ming Shao
Issuer symbol: MSTR
Transactions as of: 05 Aug 2021
Net transactions value: -$1,180,652
Form type: 4
Filing time: 09 Aug 2021, 20:37:27 UTC
Previous filing: 06 Aug 2021
Next filing: 03 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSTR	Class A Common Stock	Options Exercise	$131,530	+1,000	+20000%	$131.53	1,005	05 Aug 2021	Direct
transaction	MSTR	Class A Common Stock	Sale	$700,000	-1,000	-100%	$700.00	5	05 Aug 2021	Direct
transaction	MSTR	Class A Common Stock	Options Exercise	$131,530	+1,000	+20000%	$131.53	1,005	06 Aug 2021	Direct
transaction	MSTR	Class A Common Stock	Sale	$297,016	-400	-40%	$742.54	605	06 Aug 2021	Direct	F1
transaction	MSTR	Class A Common Stock	Sale	$297,272	-400	-66%	$743.18	205	06 Aug 2021	Direct	F2
transaction	MSTR	Class A Common Stock	Sale	$74,424	-100	-49%	$744.24	105	06 Aug 2021	Direct
transaction	MSTR	Class A Common Stock	Sale	$75,000	-100	-95%	$750.00	5	06 Aug 2021	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	Employee Stock Option (Right to buy)	Options Exercise	$0	-1,000	-7.1%	$0.000000	13,000	05 Aug 2021	Class A Common Stock	1,000	$131.53	Direct	F3, F4
transaction	MSTR	Employee Stock Option (Right to buy)	Options Exercise	$0	-1,000	-7.7%	$0.000000	12,000	06 Aug 2021	Class A Common Stock	1,000	$131.53	Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $742.00 to $742.90, 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 ranges set forth in this footnote.
F2	The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $743.00 to $743.50, 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 ranges set forth in this footnote.
F3	The 1,000 shares exercised on August 5, 2021 pursuant to this option vested on February 8, 2020. Of the remaining 13,000 shares subject to this option, 500 shares vested on February 8, 2020, 6,250 shares vested on February 8, 2021, and 6,250 shares are scheduled to vest on February 8, 2022.
F4	See Exhibit A.
F5	Of the 1,000 shares exercised on August 6, 2021 pursuant to this option 500 shares vested on February 8, 2020 and 500 shares vested on February 8, 2021. Of the remaining 12,000 shares subject to this option, 5,750 shares vested on February 8, 2021, and 6,250 shares are scheduled to vest on February 8, 2022.