Strategy Inc — Director's Dealing 2024

Feb 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2024-02-26

Reporting Person: GRAHAM STEPHEN X (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-26	Class A Common Stock	M	2000	$175.98	Acquired	2200	Direct
2024-02-26	Class A Common Stock	M	2000	$186.54	Acquired	4200	Direct
2024-02-26	Class A Common Stock	S	2000	$750	Disposed	2200	Direct
2024-02-26	Class A Common Stock	S	2000	$790	Disposed	200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-26	Director Stock Option (Right to buy)	$175.98	M	2000	Disposed	2025-05-31	Class A Common Stock (2000)	Direct
2024-02-26	Director Stock Option (Right to buy)	$186.54	M	2000	Disposed	2026-05-31	Class A Common Stock (2000)	Direct

Footnotes

F1: Of the 2,000 shares exercised on February 26, 2024 pursuant to this option, 750 shares vested on May 31, 2018 and 1,250 shares vested on May 31, 2019.

F2: See Exhibit A.

F3: Of the 2,000 shares exercised on February 26, 2024 pursuant to this option, 1,250 shares vested on May 31, 2017 and 750 shares vested on May 31, 2018. Of the remaining 3,000 shares subject to this option, 500 shares vested on May 31, 2018, 1,250 shares vested on May 31, 2019 and 1,250 shares vested on May 31, 2020.