4//SEC Filing
RECHAN LESLIE J 4
Accession 0000950170-24-125378
CIK 0001050446other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 4:09 PM ET
Size
30.8 KB
Accession
0000950170-24-125378
Insider Transaction Report
Form 4
RECHAN LESLIE J
Director
Transactions
- Sale
Class A Common Stock
2024-11-07$275.80/sh−8,829$2,435,038→ 4,970 total - Sale
Class A Common Stock
2024-11-11$326.60/sh−2,200$718,520→ 4,970 total - Exercise/Conversion
Class A Common Stock
2024-11-11$12.75/sh+17,500$223,055→ 22,470 total - Exercise/Conversion
Class A Common Stock
2024-11-11$12.96/sh+2,500$32,393→ 24,970 total - Sale
Class A Common Stock
2024-11-11$325.23/sh−17,800$5,789,094→ 7,170 total - Exercise/Conversion
Director Stock Option (Right to buy)
2024-11-07−20,000→ 17,500 totalExercise: $12.75Exp: 2028-04-30→ Class A Common Stock (20,000 underlying) - Exercise/Conversion
Director Stock Option (Right to buy)
2024-11-11−17,500→ 0 totalExercise: $12.75Exp: 2028-04-30→ Class A Common Stock (17,500 underlying) - Exercise/Conversion
Class A Common Stock
2024-11-07$12.75/sh+20,000$254,920→ 24,970 total - Sale
Class A Common Stock
2024-11-07$275.04/sh−11,171$3,072,472→ 13,799 total - Exercise/Conversion
Director Stock Option (Right to buy)
2024-11-11−2,500→ 10,000 totalExercise: $12.96Exp: 2028-05-31→ Class A Common Stock (2,500 underlying)
Holdings
- 20,000(indirect: By Trust)
Class A Common Stock
Footnotes (9)
- [F1]On August 7, 2024, the Issuer effected a 10-for-1 forward stock split. See Exhibit A for additional information.
- [F2]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.60 to $275.59, 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 $275.60 to $276.30, 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 $325.00 to $325.89, 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.
- [F5]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.21 to $327.05, 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]As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $127.46 per share to $12.746 per share and the number of shares underlying this option increased from 3,750 shares to 37,500 shares. The 20,000 shares exercised on November 7, 2024 pursuant to this option vested on April 30, 2022. The remaining 17,500 shares subject to this option vested on April 30, 2022.
- [F7]See Exhibit A.
- [F8]The 17,500 shares exercised on November 11, 2024 pursuant to this option vested on April 30, 2022.
- [F9]As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $129.57 per share to $12.957 per share and the number of shares underlying this option increased from 1,250 shares to 12,500 shares. The 2,500 shares exercised on November 11, 2024 pursuant to this option vested on May 31, 2022. The remaining 10,000 shares subject to this option vested on May 31, 2022.
Documents
Issuer
MICROSTRATEGY Inc
CIK 0001050446
Entity typeother
Related Parties
1- filerCIK 0001333062
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 4:09 PM ET
- Size
- 30.8 KB