Le Phong - Jun 16, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Jun 16, 2023
Transactions value $
-$3,444,319
Form type
4
Date filed
6/21/2023, 04:02 PM
Previous filing
Jun 7, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $1.32M +10K +2183.41% $131.53 10.5K Jun 16, 2023 Direct
transaction MSTR Class A Common Stock Sale -$791K -2.69K -25.73% $294.00 7.77K Jun 16, 2023 Direct F1
transaction MSTR Class A Common Stock Sale -$442K -1.5K -19.3% $295.07 6.27K Jun 16, 2023 Direct F2
transaction MSTR Class A Common Stock Sale -$829K -2.8K -44.67% $295.91 3.47K Jun 16, 2023 Direct F3
transaction MSTR Class A Common Stock Sale -$686K -2.31K -66.61% $297.07 1.16K Jun 16, 2023 Direct F4
transaction MSTR Class A Common Stock Sale -$208K -700 -60.45% $297.70 458 Jun 16, 2023 Direct F5
transaction MSTR Class A Common Stock Options Exercise $1.32M +10K +2183.41% $131.53 10.5K Jun 20, 2023 Direct
transaction MSTR Class A Common Stock Sale -$1.43M -4.6K -44.01% $311.44 5.86K Jun 20, 2023 Direct F6
transaction MSTR Class A Common Stock Sale -$1.68M -5.4K -92.18% $312.16 458 Jun 20, 2023 Direct F7

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 -50% $0.00 10K Jun 16, 2023 Class A Common Stock 10K $131.53 Direct F8, F9
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -10K -100% $0.00* 0 Jun 20, 2023 Class A Common Stock 10K $131.53 Direct F9, F10
* 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 $293.34 to $294.31, 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 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 $294.53 to $295.36, 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 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 $295.53 to $296.47, 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 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 $296.54 to $297.47, 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 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 $297.68 to $297.74, 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 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 $310.82 to $311.81, 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 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 $311.83 to $312.82, 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 range set forth in this footnote.
F8 The 10,000 shares exercised on June 16, 2023 pursuant to this option vested on February 8, 2022. The remaining 10,000 shares subject to this option vested on February 8, 2022.
F9 See Exhibit A.
F10 The 10,000 shares exercised on June 20, 2023 pursuant to this option vested on February 8, 2022.