Strategy Inc — Director's Dealing 2021

Mar 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2021-03-01

Reporting Person: RICKERTSEN CARL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Class A Common Stock	S	3000	$800.00	Disposed	2000	Direct
2021-03-01	Class A Common Stock	M	25000	$121.43	Acquired	27000	Direct
2021-03-01	Class A Common Stock	M	3340	$175.98	Acquired	30340	Direct
2021-03-01	Class A Common Stock	S	23138	$795.00	Disposed	7202	Direct
2021-03-01	Class A Common Stock	S	2523	$800.08	Disposed	4679	Direct
2021-03-01	Class A Common Stock	S	917	$801.59	Disposed	3762	Direct
2021-03-01	Class A Common Stock	S	700	$802.56	Disposed	3062	Direct
2021-03-01	Class A Common Stock	S	1062	$803.41	Disposed	2000	Direct
2021-03-02	Class A Common Stock	M	1660	$175.98	Acquired	3660	Direct
2021-03-02	Class A Common Stock	M	5000	$186.54	Acquired	8660	Direct
2021-03-02	Class A Common Stock	M	2000	$182.36	Acquired	10660	Direct
2021-03-02	Class A Common Stock	S	6170	$802.11	Disposed	4490	Direct
2021-03-02	Class A Common Stock	S	154	$803.75	Disposed	4336	Direct
2021-03-02	Class A Common Stock	S	2036	$810.00	Disposed	2300	Direct
2021-03-02	Class A Common Stock	S	300	$812.00	Disposed	2000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Director Stock Option (Right to buy)	$121.43	M	25000	Disposed	2024-04-30	Class A Common Stock (25000)	Direct
2021-03-01	Director Stock Option (Right to buy)	$175.98	M	3340	Disposed	2025-05-31	Class A Common Stock (3340)	Direct
2021-03-02	Director Stock Option (Right to buy)	$175.98	M	1660	Disposed	2025-05-31	Class A Common Stock (1660)	Direct
2021-03-02	Director Stock Option (Right to buy)	$186.54	M	5000	Disposed	2026-05-31	Class A Common Stock (5000)	Direct
2021-03-02	Director Stock Option (Right to buy)	$182.36	M	2000	Disposed	2027-05-31	Class A Common Stock (2000)	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $800.00 to $800.50 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 purchased at each price within the range set forth in this footnote.

F2: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $801.00 to $801.99 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 purchased at each price within the range set forth in this footnote.

F3: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $802.15 to $803.04 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 purchased at each price within the range set forth in this footnote.

F4: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $803.15 to $804.04 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 purchased 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 $802.09 to $802.47, 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.

F6: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.68 to $804.29, 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.

F7: Of the 25,000 shares exercised on March 1, 2021 pursuant 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.

F8: See Exhibit A

F9: Of the 3,340 shares exercised on March 1, 2021 pursuant to this option, 1,250 shares vested on May 31, 2016, 1,250 shares vested on May 31, 2017 and 840 shares vested on May 31, 2018. Of the remaining 1,660 shares subject to this option, 410 vested on May 31, 2018 and 1,250 shares vested on May 31, 2019.

F10: Of the 1,660 shares exercised on March 2, 2021 pursuant to this option, 410 shares vested on May 31, 2018 and 1,250 shares vested on May 31, 2019.

F11: Of the 5,000 shares exercised on March 2, 2021 pursuant to this option, 1,250 shares vested on May 31, 2017, 1,250 shares vested on May 31, 2018, 1,250 shares vested on May 31, 2019, and 1,250 shares vested on May 31, 2020.

F12: Of the 2,000 shares exercised on March 2, 2021 pursuant to this option, 1,250 shares vested on May 31, 2018 and 750 shares vested on May 31, 2019. Of the remaining 3,000 shares subject to this option, 500 vested on May 31, 2019, 1,250 shares vested on May 31, 2020, and 1,250 shares are scheduled to vest on May 31, 2021.