Stephen X. Graham - Feb 15, 2024 Form 4 Insider Report for MICROSTRATEGY Inc (MSTR)

Role
Director
Signature
/s/ Joseph Phillips, Attorney-in-Fact
Stock symbol
MSTR
Transactions as of
Feb 15, 2024
Transactions value $
-$1,205,320
Form type
4
Date filed
2/16/2024, 04:44 PM
Previous filing
Jun 2, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSTR Class A Common Stock Options Exercise $352K +2K +1000% $175.98 2.2K Feb 15, 2024 Direct
transaction MSTR Class A Common Stock Sale -$1.56M -2K -90.91% $778.64 200 Feb 15, 2024 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 Director Stock Option (Right to buy) Options Exercise $0 -2K -50% $0.00 2K Feb 15, 2024 Class A Common Stock 2K $175.98 Direct F2, F3
* 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 $778.642 to $778.643, 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 Of the 2,000 shares exercised on February 15, 2024 pursuant to this option, 250 shares vested on May 31, 2016, 1,250 shares vested on May 31, 2017 and 500 shares vested on May 31, 2018. Of the remaining 2,000 shares subject to this option, 750 shares vested on May 31, 2018 and 1,250 shares vested on May 31, 2019.
F3 See Exhibit A.