<SEC-DOCUMENT>0001209191-23-038749.txt : 20230621
<SEC-HEADER>0001209191-23-038749.hdr.sgml : 20230621
<ACCEPTANCE-DATETIME>20230621160235
ACCESSION NUMBER:		0001209191-23-038749
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230616
FILED AS OF DATE:		20230621
DATE AS OF CHANGE:		20230621

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Le Phong
		CENTRAL INDEX KEY:			0001651669

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24435
		FILM NUMBER:		231029775

	MAIL ADDRESS:	
		STREET 1:		MICROSTRATEGY INCORPORATED
		STREET 2:		1850 TOWERS CRESCENT PLAZA
		CITY:			TYSONS CORNER
		STATE:			VA
		ZIP:			22182

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MICROSTRATEGY Inc
		CENTRAL INDEX KEY:			0001050446
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				510323571
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1850 TOWERS CRESCENT PLAZA
		CITY:			TYSONS CORNER
		STATE:			VA
		ZIP:			22182
		BUSINESS PHONE:		703-848-8600

	MAIL ADDRESS:	
		STREET 1:		1850 TOWERS CRESCENT PLAZA
		CITY:			TYSONS CORNER
		STATE:			VA
		ZIP:			22182

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MICROSTRATEGY INC
		DATE OF NAME CHANGE:	19971126
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                    <value>297.70</value>
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                <value>2023-06-16</value>
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                <value></value>
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                <transactionShares>
                    <value>10000</value>
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                <transactionPricePerShare>
                    <value>0.00</value>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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                <value>2028-02-08</value>
            </expirationDate>
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                <value>2023-06-20</value>
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                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <value></value>
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                    <value>10000</value>
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                    <value>0.00</value>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
                <footnoteId id="F10"/>
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                <value>2028-02-08</value>
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                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
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                    <value>10000</value>
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                    <value>0</value>
                    <footnoteId id="F9"/>
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    <footnotes>
        <footnote id="F1">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.34 to $294.31, 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.</footnote>
        <footnote id="F2">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.53 to $295.36, 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.</footnote>
        <footnote id="F3">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.53 to $296.47, 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.</footnote>
        <footnote id="F4">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.54 to $297.47, 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.</footnote>
        <footnote id="F5">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.68 to $297.74, 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.</footnote>
        <footnote id="F6">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.82 to $311.81, 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.</footnote>
        <footnote id="F7">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.83 to $312.82, 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.</footnote>
        <footnote id="F8">The 10,000 shares exercised on June 16, 2023 pursuant to this option vested on February 8, 2022. The remaining 10,000 shares subject to this option vested on February 8, 2022.</footnote>
        <footnote id="F9">See Exhibit A.</footnote>
        <footnote id="F10">The 10,000 shares exercised on June 20, 2023 pursuant to this option vested on February 8, 2022.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Joseph Phillips, Attorney-in-Fact</signatureName>
        <signatureDate>2023-06-21</signatureDate>
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<PRE>
Exhibit A

Mr. Le also directly owns an employee stock option to purchase 10,000
shares of Class A common stock with (i) an exercise price of $189.16 per
share and (ii) an expiration date of March 8, 2027. The 10,000 shares
subject to this option vested on March 8, 2021.

Mr. Le also directly owns an employee stock option to purchase 75,000
shares of Class A common stock with (i) an exercise price of $151.60 per
share and (ii) an expiration date of November 22, 2029. Of the 75,000 shares
subject to this option, 25,000 shares vested on November 22, 2021, 25,000 shares
vested on November 22, 2022, and 25,000 shares are scheduled to vest on November
22, 2023.

Mr. Le also directly owns an employee stock option to purchase 40,000
shares of Class A common stock with (i) an exercise price of $691.23 per
share and (ii) an expiration date of February 23, 2031. Of the 40,000 shares
subject to this option, 10,000 shares vested on February 23, 2022, 10,000 shares
vested on February 23, 2023, 10,000 shares are scheduled to vest on February 23,
2024, and 10,000 shares are scheduled to vest on February 23, 2025.

Mr. Le also directly owns an employee stock option to purchase 40,000
shares of Class A common stock with (i) an exercise price of $404.60 per
share and (ii) an expiration date of February 17, 2032. Of the 40,000
shares subject to this option, 10,000 shares vested on February 17, 2023, 10,000
shares are scheduled to vest on February 17, 2024, 10,000 shares are scheduled
to vest on February 17, 2025, and 10,000 shares are scheduled to vest on
February
17, 2026.

Mr. Le also directly owns an employee stock option to purchase 60,000
shares of Class A common stock with (i) an exercise price of $231.25 per
share and (ii) an expiration date of September 13, 2032. Of the 60,000
shares subject to this option, 15,000 shares are scheduled to vest on
September 13, 2023, 15,000 shares are scheduled to vest on September 13, 2024,
15,000 shares are scheduled to vest on September 13, 2025, and 15,000 shares are
scheduled to vest on September 13, 2026.

Mr. Le also directly owns restricted stock units with the contingent right to
receive 500 shares of Class A common stock. Of these 500 shares, 250 shares
are scheduled to vest on November 13, 2023 and 250 shares are scheduled to vest
on November 13, 2024.

Mr. Le also directly owns restricted stock units with the contingent right to
receive 4,768 shares of Class A common stock. Of these 4,768 shares, 1,192
shares are scheduled to vest on June 5, 2024, 1,192 shares are scheduled to vest
on June 5, 2025, 1,192 shares are scheduled to vest on June 5, 2026, and 1,192
shares are scheduled to vest on June 5, 2027.

Mr. Le also directly owns 9,537 performance stock units (PSUs) granted on June
5, 2023. Each PSU represents a contingent right to receive shares of Class A
common stock of between 0 percent and 200 percent of the target number of units,
with the percentage determined based on MicroStrategy's relative total
shareholder return (TSR) as compared to the TSR of members of the Nasdaq
Composite Index over a three-year performance period (June 1, 2023 to May 31,
2026). Vesting is subject to certification by MicroStrategy's Compensation
Committee of the level of achievement of the performance goal and the
participant's continued service through that date. The "target" number of PSUs
is reported in this Exhibit A.
</PRE>
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