<SEC-DOCUMENT>0000950170-24-097633.txt : 20240815
<SEC-HEADER>0000950170-24-097633.hdr.sgml : 20240815
<ACCEPTANCE-DATETIME>20240815163627
ACCESSION NUMBER:		0000950170-24-097633
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240813
FILED AS OF DATE:		20240815
DATE AS OF CHANGE:		20240815

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RICKERTSEN CARL J
		CENTRAL INDEX KEY:			0001203479
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24435
		FILM NUMBER:		241212963

	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]
		ORGANIZATION NAME:           	06 Technology
		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
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">On August 7, 2024, the Issuer effected a 10-for-1 forward stock split. See Exhibit A for additional information.</footnote>
        <footnote id="F2">The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.04 to $131.96, 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 $132.05 to $133.00, 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 $133.05 to $133.52, 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 $131.09 to $132.06, 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 $132.10 to $132.21, 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.</footnote>
        <footnote id="F7">As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $124.48 per share to $12.448 per share and the number of shares underlying this option increased from 1,250 shares to 12,500 shares. The 12,500 shares exercised on August 13, 2024 pursuant to this option vested on May 31, 2024.</footnote>
        <footnote id="F8">See Exhibit A.</footnote>
        <footnote id="F9">As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $470.00 per share to $47.00 per share and the number of shares underlying this option increased from 2,500 shares to 25,000 shares. The 12,500 shares exercised on August 13, 2024 pursuant to this option vested on May 31, 2024. The remaining 12,500 shares are scheduled to vest on May 31, 2025.</footnote>
        <footnote id="F10">As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $264.69 per share to $26.469 per share and the number of shares underlying this option increased from 3,750 shares to 37,500 shares. The 12,500 shares exercised on August 13, 2024 pursuant to this option vested on May 31, 2024. Of the 25,000 shares subject to this option, 12,500 are scheduled to vest on May 31, 2025 and 12,500 are scheduled to vest on May 31, 2026.</footnote>
        <footnote id="F11">As a result of the Stock Dividend, effective August 7, 2024, the exercise price of this option decreased from $301.63 per share to $30.163 per share and the number of shares underlying this option increased from 761 shares to 7,610 shares. The 7,610 shares exercised on August 13, 2024 pursuant to this option vested on May 31, 2024.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Joseph Phillips, Attorney-in-Fact</signatureName>
        <signatureDate>2024-08-15</signatureDate>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>mstr-ex99.htm
<DESCRIPTION>EX-99
<TEXT>
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  <title>EX-99</title>
 </head>
 <body style="margin: auto!important;padding: 8px;">
  <div style="padding-top:0.5in;min-height:1in;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p></div>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:72pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">Exhibit A:</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">The 10-for-1 forward stock split was effected by means of (i) a stock dividend of nine (9) shares of class A Common Stock, $0.001 par value per share, of the Issuer (the &#x201c;Class A Common Stock&#x201d;) on and in respect of each of the issued and outstanding shares of Class A Common Stock (the &#x201c;Class A Stock Dividend&#x201d;) as of August 1, 2024 (the &#x201c;Record Date&#x201d;) and (ii) a stock dividend of nine (9) shares of class B Common Stock, $0.001 par value per share, of the Issuer (the &#x201c;Class B Common Stock&#x201d;) on and in respect of each of the issued and outstanding shares of Class B Common Stock (the &#x201c;Class B Stock Dividend&#x201d; and, together with the Class A Stock Dividend, the &#x201c;Stock Dividend&#x201d;) as of the Record Date. The Stock Dividend resulted in proportionate adjustments to the number of shares of Class A Common Stock beneficially owned by the reporting person and issuable under equity awards beneficially owned by the reporting person, including shares underlying outstanding restricted stock units and stock options, and the exercise prices of the stock options beneficially owned by the reporting person. Accordingly, the amounts of Class A Common Stock and option exercise prices reported on this Form 4 have been adjusted to reflect the Stock Dividend unless otherwise noted.</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">Mr. Rickertsen also directly owns a director stock option to purchase 1,390 shares of Class A Common Stock with (i) an exercise price of $152.449 per share and (ii) an expiration date of May 31, 2034. The 1,390 shares subject to this option are scheduled to vest on May 31, 2025. Prior to the Stock Dividend, the number of shares underlying this option was 139 shares of Class A Common Stock and the exercise price was $1,524.49 per share.</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;"> </font></p>
  <p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">Mr. Rickertsen also directly owns restricted stock units with the contingent right to receive 980 shares of Class A Common Stock. These 980 shares are scheduled to vest on May 31, 2025. Prior to the Stock Dividend, the number of shares underlying this grant was 98 shares of Class A Common Stock.</font></p>
  <div class="page-node-content"><div style="flex-direction:column;display:flex;padding-bottom:0.5in;min-height:1in;justify-content:flex-end;box-sizing:border-box;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p></div></div>
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