Strategy Inc — Director's Dealing 2011

Dec 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY INC (MSTR)
CIK: 0001050446
Period of Report: 2011-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-09	Class A Common Stock	M	12500	$4.70	Acquired	20696	Direct
2011-12-09	Class A Common Stock	S	9618	$121.00	Disposed	11078	Direct
2011-12-09	Class A Common Stock	S	922	$121.0243	Disposed	10156	Direct
2011-12-09	Class A Common Stock	S	200	$121.03	Disposed	9956	Direct
2011-12-09	Class A Common Stock	S	116	$121.0345	Disposed	9840	Direct
2011-12-09	Class A Common Stock	S	100	$121.04	Disposed	9740	Direct
2011-12-09	Class A Common Stock	S	100	$121.06	Disposed	9640	Direct
2011-12-09	Class A Common Stock	S	100	$121.085	Disposed	9540	Direct
2011-12-09	Class A Common Stock	S	100	$121.15	Disposed	9440	Direct
2011-12-09	Class A Common Stock	S	300	$121.17	Disposed	9140	Direct
2011-12-09	Class A Common Stock	S	100	$121.205	Disposed	9040	Direct
2011-12-09	Class A Common Stock	S	100	$121.23	Disposed	8940	Direct
2011-12-09	Class A Common Stock	S	84	$121.25	Disposed	8856	Direct
2011-12-09	Class A Common Stock	S	100	$121.26	Disposed	8756	Direct
2011-12-09	Class A Common Stock	S	100	$121.27	Disposed	8656	Direct
2011-12-09	Class A Common Stock	S	100	$121.30	Disposed	8556	Direct
2011-12-09	Class A Common Stock	S	100	$121.35	Disposed	8456	Direct
2011-12-09	Class A Common Stock	S	100	$121.38	Disposed	8356	Direct
2011-12-09	Class A Common Stock	S	100	$121.39	Disposed	8256	Direct
2011-12-09	Class A Common Stock	S	60	$121.42	Disposed	8196	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-09	Employee Stock Option (right to buy)	$4.70	M	12500	Disposed	2012-07-26	Class A Common Stock (12500)	Direct

Footnotes

F1: Separate open market sale transactions that were executed on 12/09/2011 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: The 12,500 shares exercised on 12/09/2011 pursuant to this stock option vested on 07/26/2005. The remaining 12,500 shares subject to the stock option vested on 07/26/2006.

F3: See Exhibit A.