X0306 4 2012-08-17 0 0001050446 MICROSTRATEGY INC MSTR 0001079782 SAYLOR MICHAEL J C/O MICROSTRATEGY INCORPORATED 1850 TOWERS CRESCENT PLAZA TYSONS CORNER VA 22182 1 1 1 0 Chairman, President and CEO Class A Common Stock 2012-08-17 4 M 0 10000 20.69 A 10000 D Class A Common Stock 2012-08-17 4 S 0 8880 126.6036 D 1120 D Class A Common Stock 2012-08-17 4 S 0 1120 128.0438 D 0 D Employee Stock Option (right to buy) 20.69 2012-08-17 4 M 0 10000 0.00 D 2013-02-08 Class A Common Stock 10000 176697 D The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.50 to $126.82, inclusive. The reporting person undertakes to provide to 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 footnotes 1 and 2 to this Form 4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.00 to $128.08, inclusive. The 10,000 shares exercised on 08/17/2012 pursuant to this stock option vested on 02/08/2006. Of the remaining 176,697 shares subject to the stock option, 12,697 shares vested on 02/08/2006, 82,000 shares vested on 02/08/2007, and 82,000 shares vested on 02/08/2008. See Exhibit A. /s/ Olga Nejikovsky, Attorney-in-Fact 2012-08-21