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

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Sep 22, 2023
Transactions value $
-$202,080
Form type
4
Date filed
9/26/2023, 04:18 PM
Previous filing
Aug 9, 2023
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $121K +1K $121.43 1K Sep 22, 2023 Direct
transaction MSTR Class A Common Stock Sale -$324K -1K -100% $323.51 0 Sep 22, 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 -1K -4.63% $0.00 20.6K Sep 22, 2023 Class A Common Stock 1K $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.