Jeanine Montgomery - Nov 13, 2021 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
SVP & CAO
Signature
/s/ W. Ming Shao, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Nov 13, 2021
Transactions value $
-$55,198
Form type
4
Date filed
11/16/2021, 04:50 PM
Previous filing
Aug 9, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise +150 150 Nov 13, 2021 Direct F1
transaction MSTR Class A Common Stock Tax liability -$55.2K -68 -45.33% $811.73 82 Nov 13, 2021 Direct F2

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 Restricted Stock Units Options Exercise $0 -150 -25% $0.00 450 Nov 13, 2021 Class A Common Stock 150 Direct F1, F3, F4
transaction MSTR Restricted Stock Units Award $0 +40 $0.00 40 Nov 15, 2021 Class A Common Stock 40 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.
F2 The disposition of the shares reported on this form was made to MicroStrategy solely to permit the stockholder to pay MicroStrategy the tax withholding obligation due upon vesting of the restricted stock units.
F3 The remaining 450 restricted stock units will vest in equal annual installments over a three-year period, with 150 restricted stock units vesting on November 13, 2022, 150 restricted stock units vesting on November 13, 2023, and 150 restricted stock units vesting on November 13, 2024.
F4 See Exhibit A.
F5 The restricted stock units will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on November 15, 2022 and an additional 25% vesting on each anniversary thereafter until fully vested.