Strategy Inc — Director's Dealing 2023

Jun 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2023-05-31

Reporting Person: RICKERTSEN CARL J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-31	Director Stock Option (Right to buy)	$301.63	A	761	Acquired	2033-05-31	Class A Common Stock (761)	Direct
2023-05-31	Restricted Stock Units	$	A	497	Acquired		Class A Common Stock (497)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	4000	Direct

Footnotes

F1: These grants were made pursuant to the MicroStrategy Incorporated 2023 Equity Incentive Plan ("2023 Plan"), which provides for the annual
automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee
director on May 31 of each year, beginning in 2023. The 2023 Plan was approved by the stockholders of MicroStrategy Incorporated at the 2023
annual meeting.

F2: This option is scheduled to vest as to 761 shares on the first anniversary of the grant date.

F3: See Exhibit A.

F4: Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock.

F5: These restricted stock units are scheduled to vest as to 497 shares on the first anniversary of the grant date.