Jarrod M. Patten - Aug 8, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Aug 8, 2023
Transactions value $
-$237,483
Form type
4
Date filed
8/9/2023, 04:49 PM
Previous filing
Aug 7, 2023
Next filing
Sep 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $54.6K +450 $121.43 450 Aug 8, 2023 Direct
transaction MSTR Class A Common Stock Sale -$176K -450 -100% $391.05 0 Aug 8, 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $54.6K +450 $121.43 450 Aug 9, 2023 Direct
transaction MSTR Class A Common Stock Sale -$171K -450 -100% $379.55 0 Aug 9, 2023 Direct

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 Director Stock Option (Right to buy) Options Exercise $0 -450 -2% $0.00 22.1K Aug 8, 2023 Class A Common Stock 450 $121.43 Direct F1, F2
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -450 -2.04% $0.00 21.6K Aug 9, 2023 Class A Common Stock 450 $121.43 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 450 shares exercised on August 8, 2023 pursuant to this option vested on April 30, 2016. Of the remaining 22,050 shares subject to this option, 4,550 shares vested on April 30, 2016, 8,750 shares vested on April 30, 2017, and 8,750 shares vested on April 30, 2018.
F2 See Exhibit A.
F3 The 450 shares exercised on August 9, 2023 pursuant to this option vested on April 30, 2016. Of the remaining 21,600 shares subject to this option, 4,100 shares vested on April 30, 2016, 8,750 shares vested on April 30, 2017, and 8,750 shares vested on April 30, 2018.