Wei-Ming Shao - 20 Jun 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
20 Jun 2023
Net transactions value
-$1,617,137
Form type
4
Filing time
21 Jun 2023, 16:03:23 UTC
Previous filing
07 Jun 2023
Next filing
14 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $822,062 +6,250 +1978% $131.53 6,566 20 Jun 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $568,500 +3,750 +57% $151.60 10,316 20 Jun 2023 Direct
transaction MSTR Class A Common Stock Sale $1,886,448 -6,289 -61% $299.96 4,027 20 Jun 2023 Direct F1
transaction MSTR Class A Common Stock Sale $120,292 -400 -9.9% $300.73 3,627 20 Jun 2023 Direct F2
transaction MSTR Class A Common Stock Sale $758,623 -2,511 -69% $302.12 1,116 20 Jun 2023 Direct F3
transaction MSTR Class A Common Stock Sale $242,336 -800 -72% $302.92 316 20 Jun 2023 Direct F4

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 -6,250 -100% $0.000000* 0 20 Jun 2023 Class A Common Stock 6,250 $131.53 Direct F5, F6
transaction MSTR Employee Stock Option (Right to buy) Options Exercise $0 -3,750 -21% $0.000000 14,500 20 Jun 2023 Class A Common Stock 3,750 $151.60 Direct F6, F7
* 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 $299.37 to $300.30, 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 $300.46 to $301.05, 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 $301.74 to $302.72, 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 $302.80 to $303.37, 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 range set forth in this footnote.
F5 The 6,250 shares exercised on June 20, 2023 pursuant to this option vested on February 8, 2022.
F6 See Exhibit A.
F7 Of the 3,750 shares exercised on June 20, 2023 pursuant to this option, 3,250 shares vested on November 22, 2020 and 500 shares vested on November 22, 2021. Of the remaining 14,500 shares subject to this option, 4,500 shares vested on November 22, 2021, 5,000 shares vested on November 22, 2022, and 5,000 shares are scheduled to vest on November 22, 2023.