Leslie J. Rechan - 08 Nov 2021 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ W. Ming Shao, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
08 Nov 2021
Net transactions value
-$5,491,194
Form type
4
Filing time
10 Nov 2021, 16:47:03 UTC
Previous filing
02 Jun 2021
Next filing
13 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $477,975 +3,750 $127.46 3,750 08 Nov 2021 Direct
transaction MSTR Class A Common Stock Options Exercise $155,600 +1,250 +33% $124.48 5,000 08 Nov 2021 Direct
transaction MSTR Class A Common Stock Options Exercise $161,962 +1,250 +25% $129.57 6,250 08 Nov 2021 Direct
transaction MSTR Class A Common Stock Options Exercise $166,138 +1,250 +20% $132.91 7,500 08 Nov 2021 Direct
transaction MSTR Class A Common Stock Sale $465,414 -544 -7.3% $855.54 6,956 08 Nov 2021 Direct F1
transaction MSTR Class A Common Stock Sale $3,174,748 -3,700 -53% $858.04 3,256 08 Nov 2021 Direct F2
transaction MSTR Class A Common Stock Sale $428,761 -499 -15% $859.24 2,757 08 Nov 2021 Direct F3
transaction MSTR Class A Common Stock Sale $711,526 -827 -30% $860.37 1,930 08 Nov 2021 Direct F4
transaction MSTR Class A Common Stock Sale $327,207 -380 -20% $861.07 1,550 08 Nov 2021 Direct F5
transaction MSTR Class A Common Stock Sale $216,475 -250 -16% $865.90 1,300 08 Nov 2021 Direct F6
transaction MSTR Class A Common Stock Sale $779,204 -898 -69% $867.71 402 08 Nov 2021 Direct F7
transaction MSTR Class A Common Stock Sale $349,535 -402 -100% $869.49 0 08 Nov 2021 Direct F8

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 -3,750 -50% $0.000000 3,750 08 Nov 2021 Class A Common Stock 3,750 $127.46 Direct F9, F10
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -1,250 -25% $0.000000 3,750 08 Nov 2021 Class A Common Stock 1,250 $124.48 Direct F10, F11
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -1,250 -50% $0.000000 1,250 08 Nov 2021 Class A Common Stock 1,250 $129.57 Direct F10, F12
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -1,250 -33% $0.000000 2,500 08 Nov 2021 Class A Common Stock 1,250 $132.91 Direct F10, F13
* 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 $855.18 to $855.91 per share, inclusive. The reporting person undertakes to provide 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.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $857.45 to $858.29 per share, inclusive. The reporting person undertakes to provide 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 $858.50 to $859.42 per share, inclusive. The reporting person undertakes to provide 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 $859.79 to $860.60 per share, inclusive. The reporting person undertakes to provide 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 $861.03 to $861.27 per share, inclusive. The reporting person undertakes to provide 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 $865.87 to $865.93 per share, inclusive. The reporting person undertakes to provide 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 $867.59 to $868.02per share, inclusive. The reporting person undertakes to provide 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 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $868.76 to $869.49 per share, inclusive. The reporting person undertakes to provide 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.
F9 The 3,750 shares exercised on November 8, 2021 pursuant to this option vested on April 30, 2021. The remaining 3,750 shares subject to this option are scheduled to vest on April 30, 2022.
F10 See Exhibit A.
F11 The 1,250 shares exercised on November 8, 2021 pursuant to this option vested on May 31, 2021. Of the remaining 3,750 shares subject to this option, 1,250 shares are scheduled to vest on May 31, 2022, 1,250 shares are scheduled to vest on May 31, 2023, and 1,250 shares are scheduled to vest on May 31, 2024.
F12 The 1,250 shares exercised on November 8, 2021 pursuant to this option vested on May 31, 2021. The remaining 1,250 shares subject to this option are scheduled to vest on May 31, 2022.
F13 The 1,250 shares exercised on November 8, 2021 pursuant to this option vested on May 31, 2021. Of the remaining 2,500 shares subject to this option, 1,250 shares are scheduled to vest on May 31, 2022 and 1,250 shares are scheduled to vest on May 31, 2023.