MICROSTRATEGY INC 4
4 · MICROSTRATEGY INC · Filed Feb 10, 2005
Insider Transaction Report
Form 4
Locke Arthur S III
VP, Finance and CFO
Transactions
- Sale
Class A Common Stock
2005-02-08$76.45/sh−600$45,870→ 0 total - Exercise/Conversion
Class A Common Stock
2005-02-08$24.80/sh+574$14,235→ 1,600 total - Sale
Class A Common Stock
2005-02-08$76.45/sh−1,000$76,452→ 600 total - Exercise/Conversion
Class A Common Stock
2005-02-08$20.69/sh+1,026$21,228→ 1,026 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-02-08−574→ 1,376 totalExercise: $24.80Exp: 2011-04-18→ Class A Common Stock (574 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2005-02-08−1,026→ 6,624 totalExercise: $20.69Exp: 2013-02-08→ Class A Common Stock (1,026 underlying)
Footnotes (4)
- [F1]The order in which sale transactions are set forth in Table I is not necessarily reflective of the sequence in which the sale transactions occurred in fact.
- [F2]The 574 shares exercised on 02/08/2005 pursuant to this stock option vested on 04/18/2004. The remaining 1,376 shares subject to the stock option vest on 04/18/2005.
- [F3]Of the 1,026 shares exercised on 02/08/2005 pursuant to this stock option, (i) 850 shares vested on 02/08/2004 and (ii) 176 shares vested on 02/08/2005. Of the remaining 6,624 shares subject to the stock option, 1,524 shares vested on 02/08/2005 and 5,100 shares vest in three equal annual installments beginning on 02/08/2006.
- [F4]See Exhibit A.