Michael J. Saylor - 29 Feb 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: MSTR
Reported as of: 29 Feb 2024
Net transaction value: -$4,415,285
SEC form: 4
Accepted by SEC: 01 Mar 2024, 16:26:47 UTC
Prior SEC filing: 29 Feb 2024
Next SEC filing: 04 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Joseph Phillips, Attorney-in-Fact

Key filing fact

Michael J. Saylor filed Form 4 for MICROSTRATEGY Inc (MSTR) on 01 Mar 2024.

Key facts

This page summarizes Michael J. Saylor's Form 4 filing for MICROSTRATEGY Inc (MSTR).
31 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 01 Mar 2024, 16:26.

Change

Previous filing in this sequence was filed on 29 Feb 2024.
Current net transaction value: -$4,415,285.

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 transaction

Class A Common Stock

Options Exercise

Transaction value: $607,150
Shares: +5,000
Change %
Price: $121.43
Shares after: 5,000
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $193,672
Shares: -200
Change %: -4%
Price: $968.36
Shares after: 4,800
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F2

MSTR transaction

Class A Common Stock

Sale

Transaction value: $96,900
Shares: -100
Change %: -2.1%
Price: $969.00
Shares after: 4,700
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $97,188
Shares: -100
Change %: -2.1%
Price: $971.88
Shares after: 4,600
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $97,475
Shares: -100
Change %: -2.2%
Price: $974.75
Shares after: 4,500
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $195,310
Shares: -200
Change %: -4.4%
Price: $976.55
Shares after: 4,300
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F3

MSTR transaction

Class A Common Stock

Sale

Transaction value: $97,700
Shares: -100
Change %: -2.3%
Price: $977.00
Shares after: 4,200
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $97,998
Shares: -100
Change %: -2.4%
Price: $979.98
Shares after: 4,100
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $98,449
Shares: -100
Change %: -2.4%
Price: $984.49
Shares after: 4,000
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $98,699
Shares: -100
Change %: -2.5%
Price: $986.99
Shares after: 3,900
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $98,893
Shares: -100
Change %: -2.6%
Price: $988.93
Shares after: 3,800
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $99,172
Shares: -100
Change %: -2.6%
Price: $991.72
Shares after: 3,700
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $99,445
Shares: -100
Change %: -2.7%
Price: $994.45
Shares after: 3,600
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $30,872
Shares: -31
Change %: -0.86%
Price: $995.87
Shares after: 3,569
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $99,659
Shares: -100
Change %: -2.8%
Price: $996.59
Shares after: 3,469
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $199,480
Shares: -200
Change %: -5.8%
Price: $997.40
Shares after: 3,269
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F4

MSTR transaction

Class A Common Stock

Sale

Transaction value: $99,884
Shares: -100
Change %: -3.1%
Price: $998.84
Shares after: 3,169
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $200,026
Shares: -200
Change %: -6.3%
Price: $1000.13
Shares after: 2,969
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F5

MSTR transaction

Class A Common Stock

Sale

Transaction value: $100,100
Shares: -100
Change %: -3.4%
Price: $1001.00
Shares after: 2,869
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $100,447
Shares: -100
Change %: -3.5%
Price: $1004.47
Shares after: 2,769
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $100,600
Shares: -100
Change %: -3.6%
Price: $1006.00
Shares after: 2,669
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $100,791
Shares: -100
Change %: -3.7%
Price: $1007.91
Shares after: 2,569
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $303,054
Shares: -300
Change %: -12%
Price: $1010.18
Shares after: 2,269
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F6

MSTR transaction

Class A Common Stock

Sale

Transaction value: $405,756
Shares: -400
Change %: -18%
Price: $1014.39
Shares after: 1,869
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F7

MSTR transaction

Class A Common Stock

Sale

Transaction value: $610,038
Shares: -600
Change %: -32%
Price: $1016.73
Shares after: 1,269
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F8

MSTR transaction

Class A Common Stock

Sale

Transaction value: $581,899
Shares: -569
Change %: -45%
Price: $1022.67
Shares after: 700
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F9

MSTR transaction

Class A Common1024.00 Stock

Sale

Transaction value: $102,400
Shares: -100
Change %: -14%
Price: $1024.00
Shares after: 600
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $307,500
Shares: -300
Change %: -50%
Price: $1025.00
Shares after: 300
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $205,332
Shares: -200
Change %: -67%
Price: $1026.66
Shares after: 100
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1, F10

MSTR transaction

Class A Common Stock

Sale

Transaction value: $103,696
Shares: -100
Change %: -100%
Price: $1036.96
Shares after: 0
Date: 29 Feb 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

MSTR transaction Derivative

Employee Stock Option (Right to buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -2.5%
Price: $0.000000
Shares after: 195,000
Date: 29 Feb 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $121.43
Footnotes: F11

MSTR holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,961,668
Date: 29 Feb 2024
Ownership: Shares owned by LLC
Underlying class: Class A Common Stock
Underlying amount: 1,961,668
Exercise price
Footnotes: F12, F13

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 13 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2023.

Footnote F2

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.00 to $968.71, 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 range set forth in this footnote.

Footnote F3

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $976.50 to $976.59, 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.

Footnote F4

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $997.15 to $997.64, 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.

Footnote F5

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,000.00 to $1,000.25, 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.

Footnote F6

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,010.00 to $1,010.53, 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.

Footnote F7

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,013.86 to $1,014.57, 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.

Footnote F8

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,016.25 to $1,017.19, 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.

Footnote F9

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,022.04 to $1,022.84, 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.

Footnote F10

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,026.57 to $1,026.75, 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.

Footnote F11

The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.

Footnote F12

Shares of Class B Common Stock are convertible immediately upon receipt into shares of Class A Common Stock on a 1-for-1 basis and have no expiration date.

Footnote F13

Shares that are indicated as being "owned by LLC" are owned directly by Alcantara LLC (the "LLC"), and indirectly by Mr. Saylor as the sole member of the LLC.