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