Strategy Inc — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2021-03-09

Reporting Person: GRAHAM STEPHEN X (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-09	Class A Common Stock	M	2000	$121.43	Acquired	2200	Direct
2021-03-09	Class A Common Stock	S	1000	$700.00	Disposed	1200	Direct
2021-03-09	Class A Common Stock	S	1000	$710.00	Disposed	200	Direct
2021-03-10	Class A Common Stock	M	1750	$121.43	Acquired	1950	Direct
2021-03-10	Class A Common Stock	S	1750	$750.00	Disposed	200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Director Stock Option (Right to buy)	$121.43	M	2000	Disposed	2024-04-30	Class A Common Stock (2000)	Direct
2021-03-10	Director Stock Option (Right to buy)	$121.43	M	1750	Disposed	2024-04-30	Class A Common Stock (1750)	Direct

Footnotes

F1: Of the 2,000 shares exercised on March 9, 2021 pursuant to this option, 1,250 shares vested on April 30, 2017 and 750 shares vested on April 30, 2018. The remaining 5,500 shares subject to this option vested on April 30, 2018.

F2: See Exhibit A.

F3: The 1,750 shares exercised on March 9, 2021 pursuant to this option vested on April 30, 2018. The remaining 3,750 shares subject to this option vested on April 30, 2018.