Strategy Inc — Director's Dealing 2020

Nov 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2020-11-24

Reporting Person: RICKERTSEN CARL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-24	Class A Common Stock	M	10000	$121.43	Acquired	15000	Direct
2020-11-24	Class A Common Stock	S	1807	$238.33	Disposed	8193	Direct
2020-11-24	Class A Common Stock	S	5816	$238.14	Disposed	2377	Direct
2020-11-24	Class A Common Stock	S	1177	$239.33	Disposed	1200	Direct
2020-11-24	Class A Common Stock	S	1200	$241.70	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-24	Director Stock Option (Right to buy)	$121.43	M	10000	Disposed	2024-04-30	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 $238.00 to $238.36 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 $237.65 to $238.55 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 $238.84 to $239.78 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.

F4: Of the 10,000 shares exercised on November 24, 2020 pursuant to this option, 8,750 shares vested on April 30, 2015 and 1,250 shares vested on April 30, 2016. Of the remaining 25,000 shares subject to this option, 7,500 shares vested on April 30, 2016, 8,750 shares vested on April 30, 2017, and 8,750 shares vested on April 30, 2018.

F5: See Exhibit A.