0000928385-01-501932.txt : 20011009 0000928385-01-501932.hdr.sgml : 20011009 ACCESSION NUMBER: 0000928385-01-501932 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010928 ITEM INFORMATION: Other events FILED AS OF DATE: 20011001 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24435 FILM NUMBER: 1749234 BUSINESS ADDRESS: STREET 1: 1861 INTERNATIONAL DR CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7038488600 MAIL ADDRESS: STREET 1: 1861 INTERNATIONAL DR CITY: MCLEAN STATE: VA ZIP: 22102 8-K 1 d8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): September 28, 2001 ------------------- MICROSTRATEGY INCORPORATED -------------------------- (Exact Name of Registrant as Specified in Charter)
Delaware 0-24435 51-0323571 ------------------------------ ----------- ------------------ (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.)
1861 International Drive, McLean, Virginia 22102 ------------------------------------------ --------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (703) 848-8600 --------------------------------------------------------------------- ----------------------------------------------------------- (Former Name or Former Address, if Changed since Last Report) Item 5. Other Events. On September 28, 2001, MicroStrategy Incorporated ("the Company") adopted a plan to effect a reduction in its workforce as part of ongoing measures to better align operating expenses with revenues and further focus on its core business intelligence software business. Following the reduction, the Company expects to have a total of approximately 825 employees worldwide. As a result of this action, the Company expects to incur a restructuring charge in the range of $1 million to $3 million in the quarter ending September 30, 2001 and to achieve overall annualized savings in the range of $16 million to $25 million. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MicroStrategy Incorporated (Registrant) By: /s/ Eric F. Brown _____________________ Name: Eric F. Brown Title: President and Chief Financial Officer Date: September 28, 2001