Strategy Inc — Director's Dealing 2012

Feb 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY INC (MSTR)
CIK: 0001050446
Period of Report: 2012-02-16

Reporting Person: BANSAL SANJU K (Director, Vice Chairman, EVP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-21	Class A Common Stock	C	10000	—	Acquired	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.54	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	300	$128.55	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	300	$128.59	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	140	$128.62	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	203	$128.63	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.65	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	179	$128.66	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.67	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.68	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	300	$128.685	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	400	$128.69	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.70	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.71	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.73	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.75	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	800	$128.80	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.82	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.83	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	100	$128.86	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	300	$128.87	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	18	$128.89	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.90	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	300	$128.92	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$128.97	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	1000	$128.98	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	949	$128.99	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	500	$129.00	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	809	$129.01	Disposed	0	Direct
2012-02-16	Class A Common Stock	S	200	$129.02	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-21	Class B Common Stock	$	C	10000	Disposed		Class A Common Stock (10000)	Direct

Footnotes

F1: These shares were acquired upon conversion of shares of Class B Common Stock, which were convertible on a 1-for-1 basis into shares of Class A Common Stock.

F2: The reporting person converted 10,000 shares of Class B Common Stock into 10,000 shares of Class A Common Stock on February 21, 2012 for the purpose of settling the sale transactions reported on the Forms 4 filed by the reporting person on February 21, 2012. Upon settlement of all of these sale transactions, the reporting person will beneficially own 0 shares of Class A Common Stock.

F3: Separate open market sale transactions that were executed on 02/16/2012 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.

F4: Shares of Class B Common Stock are convertible immediately upon receipt into shares of Class A Common Stock on a 1-for-1 basis and have no expiration date.

F5: See Exhibit A.