Le Phong - 22 Aug 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
22 Aug 2024
Transactions value $
-$6,156,087
Form type
4
Filing time
23 Aug 2024, 16:45:14 UTC
Previous filing
19 Aug 2024
Next filing
15 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $758K +50K +394.63% $15.16 62.7K 22 Aug 2024 Direct
transaction MSTR Class A Common Stock Sale -$3.21M -23.4K -37.37% $137.13* 39.3K 22 Aug 2024 Direct F1
transaction MSTR Class A Common Stock Sale -$1.59M -11.5K -29.29% $138.30 27.8K 22 Aug 2024 Direct F2
transaction MSTR Class A Common Stock Sale -$929K -6.66K -23.99% $139.57 21.1K 22 Aug 2024 Direct F3
transaction MSTR Class A Common Stock Sale -$1.18M -8.43K -39.94% $140.44 12.7K 22 Aug 2024 Direct F4

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 -50K -12.46% $0.00 351K 22 Aug 2024 Class A Common Stock 50K $15.16 Direct F5, F6
* 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 $136.860 to $137.855, 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.860 to $138.800, 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.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.990 to $139.980, 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.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.990 to $140.850, 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.
F5 The 50,000 shares exercised on August 22, 2024 pursuant to this option vested on November 22, 2022. Of the remaining 351,162 shares subject to this option, 101,162 shares vested on November 22, 2022 and 250,000 shares vested on November 22, 2023.
F6 See Exhibit A.