Strategy Inc — Director's Dealing 2020

Dec 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2020-11-30

Reporting Person: Lang Timothy Edwin (SEVP & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-30	Class A Common Stock	M	10000	$165.01	Acquired	10000	Direct
2020-11-30	Class A Common Stock	S	200	$301.95	Disposed	9800	Direct
2020-11-30	Class A Common Stock	S	500	$304.05	Disposed	9300	Direct
2020-11-30	Class A Common Stock	S	600	$306.90	Disposed	8700	Direct
2020-11-30	Class A Common Stock	S	1600	$308.16	Disposed	7100	Direct
2020-11-30	Class A Common Stock	S	1503	$309.50	Disposed	5597	Direct
2020-11-30	Class A Common Stock	S	1797	$310.14	Disposed	3800	Direct
2020-11-30	Class A Common Stock	S	1100	$311.57	Disposed	2700	Direct
2020-11-30	Class A Common Stock	S	800	$312.58	Disposed	1900	Direct
2020-11-30	Class A Common Stock	S	100	$316.57	Disposed	1800	Direct
2020-11-30	Class A Common Stock	S	181	$318.44	Disposed	1619	Direct
2020-11-30	Class A Common Stock	S	100	$319.44	Disposed	1519	Direct
2020-11-30	Class A Common Stock	S	500	$322.98	Disposed	1019	Direct
2020-11-30	Class A Common Stock	S	138	$325.09	Disposed	881	Direct
2020-11-30	Class A Common Stock	S	100	$326.45	Disposed	781	Direct
2020-11-30	Class A Common Stock	S	504	$327.50	Disposed	277	Direct
2020-11-30	Class A Common Stock	S	200	$329.62	Disposed	77	Direct
2020-11-30	Class A Common Stock	S	77	$330.90	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-30	Employee Stock Option (Right to buy)	$165.01	M	10000	Disposed	2025-02-02	Class A Common Stock (10000)	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.85 to $302.05 per share, inclusive. The reporting person undertakes to provide 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: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.85 to $304.35 per share, inclusive. The reporting person undertakes to provide 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.

F3: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.45 to $307.35 per share, inclusive. The reporting person undertakes to provide 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.

F4: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.81 to $308.60 per share, inclusive. The reporting person undertakes to provide 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.

F5: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.98 to $309.87 per share, inclusive. The reporting person undertakes to provide 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.

F6: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.98 to $310.47 per share, inclusive. The reporting person undertakes to provide 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.

F7: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.00 to $311.97 per share, inclusive. The reporting person undertakes to provide 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.

F8: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.07 to $312.88 per share, inclusive. The reporting person undertakes to provide 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.

F9: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $318.00 to $318.99 per share, inclusive. The reporting person undertakes to provide 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.

F10: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.00 to $325.32 per share, inclusive. The reporting person undertakes to provide 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.

F11: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.50 to $327.78 per share, inclusive. The reporting person undertakes to provide 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.

F12: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.30 to $329.94 per share, inclusive. The reporting person undertakes to provide 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.

F13: The 10,000 shares exercised on November 30, 2020 pursuant to this option vested on February 2, 2018. Of the remaining 15,000 shares subject to this option, 2,500 shares vested on February 2, 2018 and 12,500 shares vested on February 2, 2019.

F14: See Exhibit A.