0001209191-23-035040.txt : 20230607 0001209191-23-035040.hdr.sgml : 20230607 20230607160530 ACCESSION NUMBER: 0001209191-23-035040 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230605 FILED AS OF DATE: 20230607 DATE AS OF CHANGE: 20230607 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shao Wei-Ming CENTRAL INDEX KEY: 0001663488 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24435 FILM NUMBER: 23998998 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 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-06-05 0 0001050446 MICROSTRATEGY Inc MSTR 0001663488 Shao Wei-Ming C/O MICROSTRATEGY INCORPORATED 1850 TOWERS CRESCENT PLAZA TYSONS CORNER VA 22182 0 1 0 0 SEVP & General Counsel 0 Class A Common Stock 316 D Restricted Stock Units 2023-06-05 4 A 0 1533 0.00 A Class A Common Stock 1533 1533 D Performance Stock Units 2023-06-05 4 A 0 3065 0.00 A Class A Common Stock 3065 3065 D Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock. 25 percent of these restricted stock units vest on the first anniversary of the grant date, and an additional 25 percent of the original number of restricted stock units vest on each anniversary thereafter until the restricted stock units are vested in full. See Exhibit A. Each PSU represents a contingent right to receive shares of MicroStrategy class A common stock of between 0% and 200% 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 on this Form 4. /s/ Joseph Phillips, Attorney-in-Fact 2023-06-07 EX-99.1 2 attachment1.htm EX-99.1 DOCUMENT

Exhibit A:

Mr. Shao also directly owns an employee stock option to purchase 6,250
shares of Class A common stock with (i) an exercise price of $131.53 per
share and (ii) an expiration date of February 8, 2028. The 6,250 shares
subject to this option vested on February 8, 2022.

Mr. Shao also directly owns an employee stock option to purchase 18,250
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 18,250
shares subject to this option, 3,250 shares vested on November 22, 2020,
5,000 shares vested on November 22, 2021, 5,000 shares vested on November 22,
2022, and 5,000 shares are scheduled to vest on November 22, 2023.

Mr. Shao also directly owns an employee stock option to purchase 20,000
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 20,000
shares subject to this option, 5,000 shares vested on February 23, 2022, 5,000
shares vested on February 23, 2023, 5,000 shares are scheduled to vest on
February 23, 2024, and 5,000 shares are scheduled to vest on February 23, 2025.

Mr. Shao also directly owns an employee stock option to purchase 20,000
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 20,000
shares subject to this option, 5,000 shares vested on February 17, 2023, 5,000
shares are scheduled to vest on February 17, 2024, 5,000 shares are scheduled to
vest on February 17, 2025, and 5,000 shares are scheduled to vest on February
17, 2026.

Mr. Shao also directly owns an employee stock option to purchase 20,000
shares of Class A common stock with (i) an exercise price of $175.00 per
share and (ii) an expiration date of November 10, 2032. Of the 20,000
shares subject to this option, 5,000 shares are scheduled to vest on November
10, 2023, 5,000 shares are scheduled to vest on November 10, 2024, 5,000 shares
are scheduled to vest on November 10, 2025, and 5,000 shares are scheduled to
vest on November 10, 2026.

Mr. Shao 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.