Strategy Inc — Director's Dealing 2021

Aug 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2021-08-05

Reporting Person: Shao Wei-Ming (SEVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-05	Class A Common Stock	M	1000	$131.53	Acquired	1005	Direct
2021-08-05	Class A Common Stock	S	1000	$700.00	Disposed	5	Direct
2021-08-06	Class A Common Stock	M	1000	$131.53	Acquired	1005	Direct
2021-08-06	Class A Common Stock	S	400	$742.54	Disposed	605	Direct
2021-08-06	Class A Common Stock	S	400	$743.18	Disposed	205	Direct
2021-08-06	Class A Common Stock	S	100	$744.24	Disposed	105	Direct
2021-08-06	Class A Common Stock	S	100	$750.00	Disposed	5	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-05	Employee Stock Option (Right to buy)	$131.53	M	1000	Disposed	2028-02-08	Class A Common Stock (1000)	Direct
2021-08-06	Employee Stock Option (Right to buy)	$131.53	M	1000	Disposed	2028-02-08	Class A Common Stock (1000)	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $742.00 to $742.90, inclusive. The reporting person undertakes to provide to 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 ranges 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 $743.00 to $743.50, inclusive. The reporting person undertakes to provide to 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 ranges set forth in this footnote.

F3: The 1,000 shares exercised on August 5, 2021 pursuant to this option vested on February 8, 2020. Of the remaining 13,000 shares subject to this option, 500 shares vested on February 8, 2020, 6,250 shares vested on February 8, 2021, and 6,250 shares are scheduled to vest on February 8, 2022.

F4: See Exhibit A.

F5: Of the 1,000 shares exercised on August 6, 2021 pursuant to this option 500 shares vested on February 8, 2020 and 500 shares vested on February 8, 2021. Of the remaining 12,000 shares subject to this option, 5,750 shares vested on February 8, 2021, and 6,250 shares are scheduled to vest on February 8, 2022.