Kevin Adkisson - 05 Jun 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Reporting relationship: SEVP & CRO
Issuer ticker: MSTR
Reported as of: 05 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Jun 2023, 16:04:08 UTC
Prior SEC filing: 16 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Joseph Phillips, Attorney-in-Fact

Key filing fact

Kevin Adkisson filed Form 4 for MICROSTRATEGY Inc (MSTR) on 07 Jun 2023.

Key facts

This page summarizes Kevin Adkisson's Form 4 filing for MICROSTRATEGY Inc (MSTR).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 07 Jun 2023, 16:04.

Change

Previous filing in this sequence was filed on 16 Nov 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSTR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 259
Date: 05 Jun 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSTR transaction Derivative

Employee Stock Option (Right to buy)

Award

Transaction value: $0
Shares: +1,980
Change %
Price: $0.000000
Shares after: 1,980
Date: 05 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,980
Exercise price: $276.36
Footnotes: F1, F2

MSTR transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +681
Change %
Price: $0.000000
Shares after: 681
Date: 05 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 681
Exercise price
Footnotes: F2, F3, F4

MSTR transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +1,362
Change %
Price: $0.000000
Shares after: 1,362
Date: 05 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,362
Exercise price
Footnotes: F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

25 percent of the shares subject to this option vest on the first anniversary of the grant date, and an additional 25 percent of the shares originally subject to this option vest on each anniversary thereafter until the option is vested in full.

Footnote F2

See Exhibit A.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

Footnote F4

25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full.

Footnote F5

Each PSU represents a contingent right to receive shares of MicroStrategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on MicroStrategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (June 1, 2023 to May 31, 2026). Vesting is subject to certification by MicroStrategy's Compensation Committee of the level of achievement of the performance goal and the participant's continued service through that date. The "target" number of PSUs is reported on this Form 4.