0001209191-23-059430.txt : 20231221 0001209191-23-059430.hdr.sgml : 20231221 20231221162402 ACCESSION NUMBER: 0001209191-23-059430 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231220 FILED AS OF DATE: 20231221 DATE AS OF CHANGE: 20231221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shao Wei-Ming CENTRAL INDEX KEY: 0001663488 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24435 FILM NUMBER: 231505611 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 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-12-20 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 2023-12-20 4 M 0 500 151.60 A 953 D Class A Common Stock 2023-12-20 4 S 0 500 592.91 D 453 D Employee Stock Option (Right to buy) 151.60 2023-12-20 4 M 0 500 0.00 D 2029-11-22 Class A Common Stock 500 12500 D The 500 shares exercised on December 20, 2023 pursuant to this option vested on November 22, 2021. Of the remaining 12,500 shares subject to this option, 2,500 shares vested on November 22, 2021, 5,000 shares vested on November 22, 2022, and 5,000 shares vested on November 22, 2023. See Exhibit A. /s/ Joseph Phillips, Attorney-in-Fact 2023-12-21 EX-99.1 2 attachment1.htm EX-99.1 DOCUMENT

Exhibit A:

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 vested 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 250 shares of Class A common stock. These 250 shares are scheduled to
vest on November 13, 2024.

Mr. Shao also directly owns restricted stock units with the contingent right to
receive 1,533 shares of Class A common stock. Of these 1,533 shares, 383 shares
are scheduled to vest on June 5, 2024, 383 shares are scheduled to vest on June
5, 2025, 383 shares are scheduled to vest on June 5, 2026, and 384 shares are
scheduled to vest on June 5, 2027.

Mr. Shao also directly owns 3,065 performance stock units (PSUs) granted on June
5, 2023. Each PSU represents a contingent right to receive shares of Class A
common stock of between 0 percent and 200 percent 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 in this Exhibit A.