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: Le Phong (President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Class A Common Stock	M	6200	$189.16	Acquired	6200	Direct
2021-03-01	Class A Common Stock	S	3000	$800.01	Disposed	3200	Direct
2021-03-01	Class A Common Stock	S	971	$801.44	Disposed	2229	Direct
2021-03-01	Class A Common Stock	S	490	$802.08	Disposed	1739	Direct
2021-03-01	Class A Common Stock	S	1733	$803.54	Disposed	6	Direct
2021-03-01	Class A Common Stock	S	6	$804.48	Disposed	0	Direct
2021-03-02	Class A Common Stock	M	3800	$189.16	Acquired	3800	Direct
2021-03-02	Class A Common Stock	S	1058	$800.14	Disposed	2742	Direct
2021-03-02	Class A Common Stock	S	518	$801.06	Disposed	2224	Direct
2021-03-02	Class A Common Stock	S	108	$802.17	Disposed	2116	Direct
2021-03-02	Class A Common Stock	S	100	$804.00	Disposed	2016	Direct
2021-03-02	Class A Common Stock	S	475	$805.18	Disposed	1541	Direct
2021-03-02	Class A Common Stock	S	495	$806.91	Disposed	1046	Direct
2021-03-02	Class A Common Stock	S	446	$807.23	Disposed	600	Direct
2021-03-02	Class A Common Stock	S	400	$808.74	Disposed	200	Direct
2021-03-02	Class A Common Stock	S	100	$809.80	Disposed	100	Direct
2021-03-02	Class A Common Stock	S	100	$811.23	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Employee Stock Option (Right to buy)	$189.16	M	6200	Disposed	2027-03-08	Class A Common Stock (6200)	Direct
2021-03-02	Employee Stock Option (Right to buy)	$189.16	M	3800	Disposed	2027-03-08	Class A Common Stock (3800)	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 $800.27 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 $802.00 to $802.41 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 $803.00 to $803.99 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.

F5: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $804.11 to $804.78 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 purchased at each price within the range set forth in this footnote.

F6: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $800.00 to $800.88 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.

F7: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $801.00 to $801.97 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.

F8: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $802.15 to $802.50 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.

F9: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $805.05 to $805.75 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.

F10: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $806.07 to $807.02 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.

F11: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $807.18 to $807.93 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.

F12: The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $808.49 to $809.44 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.

F13: The 6,200 shares exercised on March 1, 2021 pursuant to this option vested on March 8, 2018. Of the remaining 33,800 shares subject to this option, 3,800 shares vested on March 8, 2018, 10,000 shares vested on March 8, 2019, 10,000 shares vested on March 8, 2020, and 10,000 shares are scheduled to vest on March 8, 2021.

F14: See Exhibit A.

F15: The 3,800 shares exercised on March 2, 2021 pursuant to this option vested on March 8, 2018. Of the remaining 30,000 shares subject to this option, 10,000 shares vested on March 8, 2019, 10,000 shares vested on March 8, 2020, and 10,000 shares are scheduled to vest on March 8, 2021.