X0306 4 2020-12-03 0 0001050446 MICROSTRATEGY Inc MSTR 0001626017 Lang Timothy Edwin C/O MICROSTRATEGY INCORPORATED 1850 TOWERS CRESCENT PLAZA TYSONS CORNER VA 22182 0 1 0 0 SEVP & CTO Class A Common Stock 2020-12-03 4 M 0 5000 165.01 A 5000 D Class A Common Stock 2020-12-03 4 S 0 2972 325.34 D 2028 D Class A Common Stock 2020-12-03 4 S 0 2028 326.35 D 0 D Employee Stock Option (Right to buy) 165.01 2020-12-03 4 M 0 5000 0.00 D 2025-02-02 Class A Common Stock 5000 10000 D The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.00 to $325.93 per share, inclusive. The reporting person undertakes to provide 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 ranges set forth in this footnote. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.00 to $326.90 per share, inclusive. The reporting person undertakes to provide 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 ranges set forth in this footnote. Of the 5,000 shares exercised on December 3, 2020 pursuant to this option, 2,500 shares vested on February 2, 2018 and 2,500 shares vested on February 2, 2019. The remaining 10,000 shares subject to this option vested on February 2, 2019. See Exhibit A. /s/ Jeff Wigfield, Attorney-in-Fact 2020-12-07