Jarrod M. Patten - 22 Sep 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
22 Sep 2023
Net transactions value
-$202,080
Form type
4
Filing time
26 Sep 2023, 16:18:11 UTC
Previous filing
09 Aug 2023
Next filing
20 Dec 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 $121,430 +1,000 $121.43 1,000 22 Sep 2023 Direct
transaction MSTR Class A Common Stock Sale $323,510 -1,000 -100% $323.51 0 22 Sep 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 -1,000 -4.6% $0.000000 20,600 22 Sep 2023 Class A Common Stock 1,000 $121.43 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 1,000 shares exercised on September 22, 2023 pursuant to this option vested on April 30, 2016. Of the remaining 20,600 shares subject to this option, 3,100 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.