Timothy Edwin Lang - Feb 9, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
SEVP & CTO
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Feb 9, 2023
Transactions value $
-$3,280,035
Form type
4
Date filed
2/10/2023, 03:38 PM
Previous filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $1.89M +10K +346.98% $189.16 12.9K Feb 9, 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $1.32M +10K +77.63% $131.53 22.9K Feb 9, 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $1.52M +10K +43.7% $151.60 32.9K Feb 9, 2023 Direct
transaction MSTR Class A Common Stock Sale -$1.04M -4K -12.16% $259.88 28.9K Feb 9, 2023 Direct F1
transaction MSTR Class A Common Stock Sale -$1.36M -5.21K -18.05% $261.18 23.7K Feb 9, 2023 Direct F2
transaction MSTR Class A Common Stock Sale -$1.03M -3.94K -16.63% $262.11 19.7K Feb 9, 2023 Direct F3
transaction MSTR Class A Common Stock Sale -$197K -749 -3.8% $263.07 19K Feb 9, 2023 Direct F4
transaction MSTR Class A Common Stock Sale -$241K -900 -4.74% $267.42 18.1K Feb 9, 2023 Direct F5
transaction MSTR Class A Common Stock Sale -$1.69M -6.3K -34.84% $268.63 11.8K Feb 9, 2023 Direct F6
transaction MSTR Class A Common Stock Sale -$431K -1.6K -13.59% $269.47 10.2K Feb 9, 2023 Direct F7
transaction MSTR Class A Common Stock Sale -$134K -493 -4.84% $270.91 9.69K Feb 9, 2023 Direct F8
transaction MSTR Class A Common Stock Sale -$111K -407 -4.2% $272.66 9.28K Feb 9, 2023 Direct F9
transaction MSTR Class A Common Stock Sale -$420K -1.53K -16.53% $274.05 7.75K Feb 9, 2023 Direct F10
transaction MSTR Class A Common Stock Sale -$468K -1.7K -21.94% $275.24 6.05K Feb 9, 2023 Direct F11
transaction MSTR Class A Common Stock Sale -$571K -2.07K -34.16% $276.19 3.98K Feb 9, 2023 Direct F12
transaction MSTR Class A Common Stock Sale -$305K -1.1K -27.62% $277.28 2.88K Feb 9, 2023 Direct F13

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 -10K -100% $0.00* 0 Feb 9, 2023 Class A Common Stock 10K $189.16 Direct F14, F15
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -10K -100% $0.00* 0 Feb 9, 2023 Class A Common Stock 10K $131.53 Direct F15, F16
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -10K -66.67% $0.00 5K Feb 9, 2023 Class A Common Stock 10K $151.60 Direct F15, F17
* 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 $259.27 to $260.26, 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 $260.70 to $261.68, 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.70 to $262.68, 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.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.72 to $263.37, 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.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267.13 to $268.03, 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.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.26 to $268.98, 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.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.43 to $269.68, 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.
F8 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.55 to $271.42, 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.
F9 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.50 to $272.88, 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.
F10 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.61 to $274.53, 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.
F11 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.94 to $275.54, 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.
F12 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.94 to $276.87, 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.
F13 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.94 to $277.61, 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.
F14 Of the 10,000 shares exercised on February 9, 2023 pursuant to this option, 2,500 shares vested on March 8, 2020 and 7,500 shares vested on March 8, 2021.
F15 See Exhibit A.
F16 The 10,000 shares exercised on February 9, 2023 pursuant to this option vested on February 8, 2022.
F17 Of the 10,000 shares exercised on February 9, 2023 pursuant to this option, 5,000 shares vested on November 22, 2021 and 5,000 shares vested on November 22, 2022. The remaining 5,000 shares subject to this option are scheduled to vest on November 22, 2023.