Jarrod M. Patten - 08 Aug 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
08 Aug 2023
Net transactions value
-$237,483
Form type
4
Filing time
09 Aug 2023, 16:49:09 UTC
Previous filing
07 Aug 2023
Next filing
26 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $54,644 +450 $121.43 450 08 Aug 2023 Direct
transaction MSTR Class A Common Stock Sale $175,972 -450 -100% $391.05 0 08 Aug 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $54,644 +450 $121.43 450 09 Aug 2023 Direct
transaction MSTR Class A Common Stock Sale $170,798 -450 -100% $379.55 0 09 Aug 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% $0.000000 22,050 08 Aug 2023 Class A Common Stock 450 $121.43 Direct F1, F2
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -450 -2% $0.000000 21,600 09 Aug 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.