Strategy Inc — Director's Dealing 2024

Jan 11, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROSTRATEGY Inc (MSTR)
CIK: 0001050446
Period of Report: 2024-01-10

Reporting Person: SAYLOR MICHAEL J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-10	Class A Common Stock	M	5000	$121.43	Acquired	5000	Direct
2024-01-10	Class A Common Stock	S	100	$555.27	Disposed	4900	Direct
2024-01-10	Class A Common Stock	S	300	$557.43	Disposed	4600	Direct
2024-01-10	Class A Common Stock	S	100	$563.90	Disposed	4500	Direct
2024-01-10	Class A Common Stock	S	500	$564.57	Disposed	4000	Direct
2024-01-10	Class A Common Stock	S	494	$565.29	Disposed	3506	Direct
2024-01-10	Class A Common Stock	S	822	$566.49	Disposed	2684	Direct
2024-01-10	Class A Common Stock	S	315	$567.44	Disposed	2369	Direct
2024-01-10	Class A Common Stock	S	152	$568.22	Disposed	2217	Direct
2024-01-10	Class A Common Stock	S	16	$569.19	Disposed	2201	Direct
2024-01-10	Class A Common Stock	S	235	$570.51	Disposed	1966	Direct
2024-01-10	Class A Common Stock	S	298	$571.34	Disposed	1668	Direct
2024-01-10	Class A Common Stock	S	216	$572.38	Disposed	1452	Direct
2024-01-10	Class A Common Stock	S	117	$573.21	Disposed	1335	Direct
2024-01-10	Class A Common Stock	S	19	$574.05	Disposed	1316	Direct
2024-01-10	Class A Common Stock	S	200	$575.75	Disposed	1116	Direct
2024-01-10	Class A Common Stock	S	115	$576.81	Disposed	1001	Direct
2024-01-10	Class A Common Stock	S	120	$578.84	Disposed	881	Direct
2024-01-10	Class A Common Stock	S	16	$579.08	Disposed	865	Direct
2024-01-10	Class A Common Stock	S	17	$580.18	Disposed	848	Direct
2024-01-10	Class A Common Stock	S	100	$581.06	Disposed	748	Direct
2024-01-10	Class A Common Stock	S	429	$582.26	Disposed	319	Direct
2024-01-10	Class A Common Stock	S	119	$583.32	Disposed	200	Direct
2024-01-10	Class A Common Stock	S	100	$584.70	Disposed	100	Direct
2024-01-10	Class A Common Stock	S	100	$585.24	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-10	Employee Stock Option (Right to buy)	$121.43	M	5000	Disposed	2024-04-30	Class A Common Stock (5000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1961668)	1961668	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 19, 2023.

F2: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.00 to $557.65, 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 range 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 $564.11 to $564.99, 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 range set forth in this footnote.

F4: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $565.00 to $565.81, 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 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 $566.25 to $566.95, 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 range 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 $567.26 to $567.89, 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 range set forth in this footnote.

F7: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $568.00 to $568.87, 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 range set forth in this footnote.

F8: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $570.16 to $570.61, 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 range set forth in this footnote.

F9: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $571.08 to $571.94, 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 range set forth in this footnote.

F10: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $572.00 to $572.74, 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 range set forth in this footnote.

F11: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $573.20 to $573.21, 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 range set forth in this footnote.

F12: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $575.71 to $575.78, 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 range set forth in this footnote.

F13: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $576.20 to $576.90, 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 range set forth in this footnote.

F14: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $578.64 to $578.88, 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 range set forth in this footnote.

F15: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $582.00 to $582.95, 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 range set forth in this footnote.

F16: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $583.24 to $583.76, 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 range set forth in this footnote.

F17: The option vested in four equal installments on April 30, 2015, 2016, 2017 and 2018. The option is fully vested and exercisable.

F18: Shares of Class B Common Stock are convertible immediately upon receipt into shares of Class A Common Stock on a 1-for-1 basis and have no expiration date.

F19: Shares that are indicated as being "owned by LLC" are owned directly by Alcantara LLC (the "LLC"), and indirectly by Mr. Saylor as the sole member of the LLC.