Le Phong - Nov 9, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Nov 9, 2023
Transactions value $
-$3,612,982
Form type
4
Date filed
11/14/2023, 04:08 PM
Previous filing
Jun 21, 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 $1.52M +10K +2183.41% $151.60 10.5K Nov 9, 2023 Direct
transaction MSTR Class A Common Stock Sale -$550K -1.09K -10.42% $504.24 9.37K Nov 9, 2023 Direct F1
transaction MSTR Class A Common Stock Sale -$662K -1.31K -13.98% $505.06 8.06K Nov 9, 2023 Direct F2
transaction MSTR Class A Common Stock Sale -$1.13M -2.24K -27.81% $506.18 5.82K Nov 9, 2023 Direct F3
transaction MSTR Class A Common Stock Sale -$842K -1.66K -28.52% $507.38 4.16K Nov 9, 2023 Direct F4
transaction MSTR Class A Common Stock Sale -$915K -1.8K -43.29% $508.47 2.36K Nov 9, 2023 Direct F5
transaction MSTR Class A Common Stock Sale -$969K -1.9K -80.58% $510.18 458 Nov 9, 2023 Direct F6
transaction MSTR Class A Common Stock Options Exercise +250 +54.59% 708 Nov 13, 2023 Direct F7
transaction MSTR Class A Common Stock Tax liability -$57.1K -113 -15.96% $504.88 595 Nov 13, 2023 Direct F8

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 -10K -13.33% $0.00 65K Nov 9, 2023 Class A Common Stock 10K $151.60 Direct F9, F10
transaction MSTR Restricted Stock Units Options Exercise $0 -250 -50% $0.00 250 Nov 13, 2023 Class A Common Stock 250 Direct F7, F10, F11
* 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 $503.64 to $504.55, 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 $504.69 to $505.52, 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 $505.74 to $506.72, 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 ranges 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 $506.74 to $507.61, 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 ranges set forth in this footnote.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $508.02 to $509.00, 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 ranges set forth in this footnote.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $509.73 to $510.71, 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 ranges set forth in this footnote.
F7 Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.
F8 The disposition of the shares reported on this form was made to MicroStrategy solely to permit the stockholder to pay MicroStrategy the tax withholding obligation due upon vesting of the restricted stock units.
F9 The 10,000 shares exercised on November 9, 2023 pursuant to this option vested on November 22, 2021. Of the remaining 65,000 shares subject to this option, 15,000 shares vested on November 22, 2021, 25,000 shares vested on November 22, 2022, and 25,000 shares are scheduled to vest on November 22, 2023.
F10 See Exhibit A.
F11 The remaining 250 restricted stock units will vest on November 13, 2024.