Jarrod M. Patten - 18 Dec 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
18 Dec 2023
Net transactions value
-$183,420
Form type
4
Filing time
20 Dec 2023, 16:06:12 UTC
Previous filing
26 Sep 2023
Next filing
22 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 $24,286 +200 $121.43 200 18 Dec 2023 Direct
transaction MSTR Class A Common Stock Sale $114,502 -200 -100% $572.51 0 18 Dec 2023 Direct
transaction MSTR Class A Common Stock Options Exercise $24,286 +200 $121.43 200 19 Dec 2023 Direct
transaction MSTR Class A Common Stock Sale $117,490 -200 -100% $587.45 0 19 Dec 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 -200 -0.97% $0.000000 20,400 18 Dec 2023 Class A Common Stock 200 $121.43 Direct F1, F2
transaction MSTR Director Stock Option (Right to buy) Options Exercise $0 -200 -0.98% $0.000000 20,200 19 Dec 2023 Class A Common Stock 200 $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 200 shares exercised on December 18, 2023 pursuant to this option vested on April 30, 2016. Of the remaining 20,400 shares subject to this option, 2,900 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 200 shares exercised on December 19, 2023 pursuant to this option vested on April 30, 2016. Of the remaining 20,200 shares subject to this option, 2,700 shares vested on April 30, 2016, 8,750 shares vested on April 30, 2017, and 8,750 shares vested on April 30, 2018.