Wei-Ming Shao - Nov 20, 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
SEVP & General Counsel
Signature
/s/ W. Ming Shao
Stock symbol
MSTR
Transactions as of
Nov 20, 2023
Transactions value $
-$355,910
Form type
4
Date filed
11/21/2023, 07:18 PM
Previous filing
Nov 16, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $152K +1K +220.75% $151.60 1.45K Nov 20, 2023 Direct
transaction MSTR Class A Common Stock Sale -$253K -500 -34.41% $505.00 953 Nov 20, 2023 Direct
transaction MSTR Class A Common Stock Sale -$255K -500 -52.47% $510.02 453 Nov 20, 2023 Direct F1

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 -1K -7.14% $0.00 13K Nov 20, 2023 Class A Common Stock 1K $151.60 Direct F2, F3
* 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 $510.00 to $510.04, 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 1,000 shares exercised on November 20, 2023 pursuant to this option vested on November 22, 2021. Of the remaining 13,000 shares subject to this option, 3,000 shares vested on November 22, 2021, 5,000 shares vested on November 22, 2022, and 5,000 shares are scheduled to vest on November 22, 2023.
F3 See Exhibit A.