Michael J. Saylor - 25 Apr 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: MSTR
Reported as of: 25 Apr 2024
Net transaction value: -$5,618,733
SEC form: 4
Accepted by SEC: 26 Apr 2024, 16:11:44 UTC
Prior SEC filing: 25 Apr 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 26 Apr 2024.

Key facts

This page summarizes Michael J. Saylor's Form 4 filing for MICROSTRATEGY Inc (MSTR).
28 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 26 Apr 2024, 16:11.

Change

Previous filing in this sequence was filed on 25 Apr 2024.
Current net transaction value: -$5,618,733.

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: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $122,000
Shares: -100
Change %: -2%
Price: $1220.00
Shares after: 4,900
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $163,061
Shares: -133
Change %: -2.7%
Price: $1226.02
Shares after: 4,767
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F2

MSTR transaction

Class A Common Stock

Sale

Transaction value: $736,866
Shares: -600
Change %: -13%
Price: $1228.11
Shares after: 4,167
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F3

MSTR transaction

Class A Common Stock

Sale

Transaction value: $246,816
Shares: -200
Change %: -4.8%
Price: $1234.08
Shares after: 3,967
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $123,598
Shares: -100
Change %: -2.5%
Price: $1235.98
Shares after: 3,867
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $123,600
Shares: -100
Change %: -2.6%
Price: $1236.00
Shares after: 3,767
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $123,746
Shares: -100
Change %: -2.7%
Price: $1237.46
Shares after: 3,667
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $371,907
Shares: -300
Change %: -8.2%
Price: $1239.69
Shares after: 3,367
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F4

MSTR transaction

Class A Common Stock

Sale

Transaction value: $179,826
Shares: -145
Change %: -4.3%
Price: $1240.18
Shares after: 3,222
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F5

MSTR transaction

Class A Common Stock

Sale

Transaction value: $124,232
Shares: -100
Change %: -3.1%
Price: $1242.32
Shares after: 3,122
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $248,750
Shares: -200
Change %: -6.4%
Price: $1243.75
Shares after: 2,922
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $683,230
Shares: -549
Change %: -19%
Price: $1244.50
Shares after: 2,373
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F6

MSTR transaction

Class A Common Stock

Sale

Transaction value: $124,600
Shares: -100
Change %: -4.2%
Price: $1246.00
Shares after: 2,273
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $124,786
Shares: -100
Change %: -4.4%
Price: $1247.86
Shares after: 2,173
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $124,882
Shares: -100
Change %: -4.6%
Price: $1248.82
Shares after: 2,073
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $374,847
Shares: -300
Change %: -14%
Price: $1249.49
Shares after: 1,773
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F7

MSTR transaction

Class A Common Stock

Sale

Transaction value: $250,090
Shares: -200
Change %: -11%
Price: $1250.45
Shares after: 1,573
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F8

MSTR transaction

Class A Common Stock

Sale

Transaction value: $250,744
Shares: -200
Change %: -13%
Price: $1253.72
Shares after: 1,373
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $125,476
Shares: -100
Change %: -7.3%
Price: $1254.76
Shares after: 1,273
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $376,713
Shares: -300
Change %: -24%
Price: $1255.71
Shares after: 973
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F9

MSTR transaction

Class A Common Stock

Sale

Transaction value: $264,128
Shares: -210
Change %: -22%
Price: $1257.75
Shares after: 763
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F10

MSTR transaction

Class A Common Stock

Sale

Transaction value: $251,762
Shares: -200
Change %: -26%
Price: $1258.81
Shares after: 563
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F11

MSTR transaction

Class A Common Stock

Sale

Transaction value: $331,330
Shares: -263
Change %: -47%
Price: $1259.81
Shares after: 300
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1, F12

MSTR transaction

Class A Common Stock

Sale

Transaction value: $126,000
Shares: -100
Change %: -33%
Price: $1260.00
Shares after: 200
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $126,393
Shares: -100
Change %: -50%
Price: $1263.93
Shares after: 100
Date: 25 Apr 2024
Ownership: Direct
Footnotes: F1

MSTR transaction

Class A Common Stock

Sale

Transaction value: $126,500
Shares: -100
Change %: -100%
Price: $1265.00
Shares after: 0
Date: 25 Apr 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 %: -100%
Price: $0.000000^*
Shares after: 0
Date: 25 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $121.43
Footnotes: F13

MSTR holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,961,668
Date: 25 Apr 2024
Ownership: Shares owned by LLC
Underlying class: Class A Common Stock
Underlying amount: 1,961,668
Exercise price
Footnotes: F14, F15

^* 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 15 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 $1,226.00 to $1,226.02, 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 $1,228.00 to $1,228.65, 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 $1,239.30 to $1,239.94, 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 $1,240.00 to $1,240.41, 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 $1,244.15 to $1,244.70, 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 $1,249.46 to $1,249.50, 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 $1,250.43 to $1,250.46, 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 $1,255.21 to $1,255.96, 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 $1,257.50 to $1,257.97, 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,258.80 to $1,258.81, 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 F12

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,259.77 to $1,259.83, 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 F13

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

Footnote F14

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 F15

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.