Le Phong - 19 Dec 2023 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Signature
/s/ Joseph Phillips, Attorney-in-Fact
Issuer symbol
MSTR
Transactions as of
19 Dec 2023
Transactions value $
-$1,897,982
Form type
4
Filing time
20 Dec 2023, 16:08:22 UTC
Previous filing
14 Nov 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $945,800 +5,000 +8.4% $189.16 5,595 19 Dec 2023 Direct
transaction MSTR Class A Common Stock Sale -$1,747,614 -3,075 -54.96% $568.33 2,520 19 Dec 2023 Direct F1
transaction MSTR Class A Common Stock Sale -$986,631 -1,733 -68.77% $569.32 787 19 Dec 2023 Direct F2
transaction MSTR Class A Common Stock Sale -$109,536 -192 -24.4% $570.5 595 19 Dec 2023 Direct F3

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 -5,000 -50% $0 5,000 19 Dec 2023 Class A Common Stock 5,000 $189.16 Direct F4, F5
* 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 $567.89 to $568.75, 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.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $568.97 to $569.66, 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 $570.04 to $571.00, 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 5,000 shares exercised on December 19, 2023 pursuant to this option vested on March 8, 2021. The remaining 5,000 shares subject to this option vested on March 8, 2021.
F5 See Exhibit A.