Le Phong - Jun 5, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
President & CEO, Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Jun 5, 2023
Transactions value $
$0
Form type
4
Date filed
6/7/2023, 04:03 PM
Previous filing
Nov 14, 2022
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSTR Class A Common Stock 458 Jun 5, 2023 Direct F1

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 Award $0 +4.77K $0.00 4.77K Jun 5, 2023 Class A Common Stock 4.77K Direct F2, F3, F4
transaction MSTR Performance Stock Units Award $0 +9.54K $0.00 9.54K Jun 5, 2023 Class A Common Stock 9.54K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 113 shares acquired under MicroStrategy's Employee Stock Purchase Plan on February 28, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.
F3 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.
F4 See Exhibit A.
F5 Each PSU represents a contingent right to receive shares of MicroStrategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on MicroStrategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (June 1, 2023 to May 31, 2026). Vesting is subject to certification by MicroStrategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.