Strategy Inc — Director's Dealing 2010

Dec 14, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY INC (MSTR)
CIK: 0001050446
Period of Report: 2010-12-10

Reporting Person: BEDELL JEFFREY A (EVP, Technology and CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-10	Class A Common Stock	M	12500	$24.80	Acquired	20696	Direct
2010-12-10	Class A Common Stock	S	200	$88.485	Disposed	20496	Direct
2010-12-10	Class A Common Stock	S	200	$88.49	Disposed	20296	Direct
2010-12-10	Class A Common Stock	S	100	$88.50	Disposed	20196	Direct
2010-12-10	Class A Common Stock	S	500	$88.51	Disposed	19696	Direct
2010-12-10	Class A Common Stock	S	200	$88.52	Disposed	19496	Direct
2010-12-10	Class A Common Stock	S	200	$88.57	Disposed	19296	Direct
2010-12-10	Class A Common Stock	S	100	$88.585	Disposed	19196	Direct
2010-12-10	Class A Common Stock	S	100	$88.59	Disposed	19096	Direct
2010-12-10	Class A Common Stock	S	404	$88.64	Disposed	18692	Direct
2010-12-10	Class A Common Stock	S	200	$88.68	Disposed	18492	Direct
2010-12-10	Class A Common Stock	S	100	$88.695	Disposed	18392	Direct
2010-12-10	Class A Common Stock	S	400	$88.71	Disposed	17992	Direct
2010-12-10	Class A Common Stock	S	36	$88.72	Disposed	17956	Direct
2010-12-10	Class A Common Stock	S	104	$88.8027	Disposed	17852	Direct
2010-12-10	Class A Common Stock	S	100	$88.86	Disposed	17752	Direct
2010-12-10	Class A Common Stock	S	296	$88.87	Disposed	17456	Direct
2010-12-10	Class A Common Stock	S	100	$88.925	Disposed	17356	Direct
2010-12-10	Class A Common Stock	S	200	$88.96	Disposed	17156	Direct
2010-12-10	Class A Common Stock	S	200	$88.97	Disposed	16956	Direct
2010-12-10	Class A Common Stock	S	10	$88.98	Disposed	16946	Direct
2010-12-10	Class A Common Stock	S	100	$89.02	Disposed	16846	Direct
2010-12-10	Class A Common Stock	S	200	$89.03	Disposed	16646	Direct
2010-12-10	Class A Common Stock	S	101	$89.0406	Disposed	16545	Direct
2010-12-10	Class A Common Stock	S	100	$89.085	Disposed	16445	Direct
2010-12-10	Class A Common Stock	S	100	$89.10	Disposed	16345	Direct
2010-12-10	Class A Common Stock	S	108	$89.11	Disposed	16237	Direct
2010-12-10	Class A Common Stock	S	700	$89.13	Disposed	15537	Direct
2010-12-10	Class A Common Stock	S	200	$89.14	Disposed	15337	Direct
2010-12-10	Class A Common Stock	S	100	$89.141	Disposed	15237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-10	Employee Stock Option (right to buy)	$24.80	M	12500	Disposed	2011-04-18	Class A Common Stock (12500)	Direct

Footnotes

F1: Separate open market sale transactions that were executed on 12/10/2010 at the same price have been reported on an aggregate basis on a single line in Table I. The order in which sale transactions are set forth in Table I is not necessarily reflective of the sequence in which the sale transactions occurred in fact.

F2: Of the 12,500 shares exercised on 12/10/2010 pursuant to this stock option, 6,250 shares vested on 04/18/2004 and 6,250 shares vested on 04/18/2005.

F3: See Exhibit A.