MICROSOFT CORP — Director's Dealing 2012

Jan 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSOFT CORP (MSFT)
CIK: 0000789019
Period of Report: 2012-01-23

Reporting Person: Brummel Lisa E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-23	Common Stock	M	111112	$21.591	Acquired	427232	Direct
2012-01-23	Common Stock	S	111112	$29.6464	Disposed	316120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-23	Employee Stock Option (Right to Buy)	$21.591	M	111112	Disposed	2012-07-31	Common Stock (111112)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	614	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $29.64 to $29.66. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

F2: Balance as of December 31, 2011