Le Phong - Mar 11, 2025 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Allein Sabel, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Mar 11, 2025
Transactions value $
$0
Form type
4
Date filed
3/13/2025, 04:05 PM
Previous filing
Nov 15, 2024
Next filing
Mar 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSTR Class A Common Stock 14.1K Mar 11, 2025 Direct F1

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) Award $0 +12.2K $0.00 12.2K Mar 11, 2025 Class A Common Stock 12.2K $260.59 Direct F2
transaction MSTR Restricted Stock Units Award $0 +17.9K $0.00 17.9K Mar 11, 2025 Class A Common Stock 17.9K Direct F3, F4
transaction MSTR Performance Stock Units Award $0 +9.28K $0.00 9.28K Mar 11, 2025 Class A Common Stock 9.28K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 208 shares acquired under the MicroStrategy Incorporated d/b/a Strategy ("Strategy") Employee Stock Purchase Plan on February 28, 2025.
F2 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.
F3 Each restricted stock unit represents a contingent right to receive one share of Strategy class A common stock.
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.
F5 Each PSU represents a contingent right to receive shares of Strategy class A common stock of between 0% and 200% of the target number of units, with the percentage determined based on Strategy's relative total shareholder return (TSR) as compared to the TSR of members of the Nasdaq Composite Index over a three-year performance period (March 11, 2025 to March 10, 2028). Vesting is subject to certification by Strategy'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.

Remarks:

Exhibit 24 - Power of Attorney