Strategy Inc — Director's Dealing 2021

Nov 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2021-11-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-01	Class A Common Stock	M	2000	$131.53	Acquired	2005	Direct
2021-11-01	Class A Common Stock	S	199	$741.63	Disposed	1806	Direct
2021-11-01	Class A Common Stock	S	301	$742.69	Disposed	1505	Direct
2021-11-01	Class A Common Stock	S	500	$741.53	Disposed	1005	Direct
2021-11-01	Class A Common Stock	S	500	$739.20	Disposed	505	Direct
2021-11-01	Class A Common Stock	S	500	$740.00	Disposed	5	Direct
2021-11-02	Class A Common Stock	M	3750	$131.53	Acquired	3755	Direct
2021-11-02	Class A Common Stock	S	500	$765.00	Disposed	3255	Direct
2021-11-02	Class A Common Stock	S	500	$770.00	Disposed	2755	Direct
2021-11-02	Class A Common Stock	S	500	$755.00	Disposed	2255	Direct
2021-11-02	Class A Common Stock	S	1000	$752.01	Disposed	1255	Direct
2021-11-02	Class A Common Stock	S	500	$760.00	Disposed	755	Direct
2021-11-02	Class A Common Stock	S	750	$829.90	Disposed	5	Direct
2021-11-02	Class A Common Stock	M	250	$151.60	Acquired	255	Direct
2021-11-02	Class A Common Stock	S	25	$829.90	Disposed	230	Direct
2021-11-02	Class A Common Stock	S	225	$826.75	Disposed	5	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-01	Employee Stock Option (Right to buy)	$131.53	M	2000	Disposed	2028-02-08	Class A Common Stock (2000)	Direct
2021-11-02	Employee Stock Option (Right to buy)	$131.53	M	3750	Disposed	2028-02-08	Class A Common Stock (3750)	Direct
2021-11-02	Employee Stock Option (Right to buy)	$151.60	M	250	Disposed	2028-02-08	Class A Common Stock (250)	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $740.850 to $741.845, 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 $742.02 to $743.01, 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 reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $738.80 to $739.63, 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.

F4: The 2,000 shares exercised on November 1, 2021 pursuant to this option vested on February 8, 2021. Of the remaining 10,000 shares subject to this option, 3,750 shares vested on February 8, 2021, and 6,250 shares are scheduled to vest on February 8, 2022.

F5: See Exhibit A.

F6: The 3,750 shares exercised on November 2, 2021 pursuant to this option vested on February 8, 2021. The remaining 6,250 shares subject to this option are scheduled to vest on February 8, 2022.

F7: The 250 shares exercised on November 2, 2021 pursuant to this option vested on November 22, 2020. Of the remaining 19,750 shares subject to this option, 4,750 shares vested on November 22, 2020, 5,000 shares are scheduled to vest on November 22, 2021, 5,000 shares are scheduled to vest on November 22, 2022, and 5,000 shares are scheduled to vest on November 22, 2023.