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Filing Details

Accession Number:: 0001209191-20-060507
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-25 16:17:02
Reporting Period:: 2020-11-24

Accepted Time:: 2020-11-25 16:17:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1050446	Microstrategy Inc	MSTR	Services-Prepackaged Software (7372)	510323571

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1651669	Phong Le	C/O Microstrategy Incorporated 1850 Towers Crescent Plaza Tysons Corner VA 22182	President & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-11-24	40,000	$131.53	40,000	No	4	M	Direct
Class A Common Stock	Disposition	2020-11-24	4,500	$234.63	35,500	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	6,398	$235.61	29,102	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	9,171	$236.55	19,931	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	5,567	$237.52	14,364	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	7,793	$238.58	6,571	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	4,008	$239.46	2,563	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	2,316	$240.66	247	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	247	$241.94	0	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-11-24	25,000	$151.60	25,000	No	4	M	Direct
Class A Common Stock	Disposition	2020-11-24	1,700	$236.96	23,300	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	6,610	$237.94	16,690	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	4,424	$238.96	12,266	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	6,663	$240.27	5,603	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	3,703	$241.17	1,900	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	1,300	$242.22	600	No	4	S	Direct
Class A Common Stock	Disposition	2020-11-24	600	$243.51	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option (Right to buy)	Disposition	2020-11-24	40,000	$0.00	40,000	$131.53
Class A Common Stock	Employee Stock Option (Right to buy)	Disposition	2020-11-24	25,000	$0.00	25,000	$151.60

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
40,000		2028-02-08	No	4	M	Direct
75,000		2029-11-22	No	4	M	Direct

Footnotes

The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.05 to $235.04 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.05 to $236.04 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.05 to $237.04 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.05 to $238.03 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.05 to $239.04 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.05 to $240.01 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.09 to $241.05 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.66 to $242.00 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.56 to $237.52 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.61 to $238.60 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.61 to $239.59 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.71 to $240.70 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.71 to $241.70 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.92 to $242.79 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 sold at each price within the range set forth in this footnote.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.27 to $243.62 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 sold at each price within the range set forth in this footnote.
Of the 40,000 shares exercised on November 24, 2020 pursuant to this option, 20,000 shares vested on February 8, 2019 and 20,000 shares vested on February 8, 2020. Of the remaining 40,000 shares subject to this option, 20,000 shares are scheduled to vest on February 8, 2021 and 20,000 shares are scheduled to vest on February 8, 2022.
See Exhibit A.
The 25,000 shares exercised on November 24, 2020 pursuant to this option vested on November 22, 2020. Of the remaining 75,000 shares subject to this option, 25,000 shares are scheduled to vest on November 22, 2021, 25,000 shares are scheduled to vest on November 22, 2022, and 25,000 shares are scheduled to vest on November 22, 2023.