X0303 4 2010-12-10 0001050446 MICROSTRATEGY INC MSTR 0001203474 BEDELL JEFFREY A 1850 TOWERS CRESCENT PLAZA VIENNA VA 22182 0 1 0 0 EVP, Technology and CTO Class A Common Stock 2010-12-10 4 M 0 12500 24.80 A 20696 D Class A Common Stock 2010-12-10 4 S 0 200 88.485 D 20496 D Class A Common Stock 2010-12-10 4 S 0 200 88.49 D 20296 D Class A Common Stock 2010-12-10 4 S 0 100 88.50 D 20196 D Class A Common Stock 2010-12-10 4 S 0 500 88.51 D 19696 D Class A Common Stock 2010-12-10 4 S 0 200 88.52 D 19496 D Class A Common Stock 2010-12-10 4 S 0 200 88.57 D 19296 D Class A Common Stock 2010-12-10 4 S 0 100 88.585 D 19196 D Class A Common Stock 2010-12-10 4 S 0 100 88.59 D 19096 D Class A Common Stock 2010-12-10 4 S 0 404 88.64 D 18692 D Class A Common Stock 2010-12-10 4 S 0 200 88.68 D 18492 D Class A Common Stock 2010-12-10 4 S 0 100 88.695 D 18392 D Class A Common Stock 2010-12-10 4 S 0 400 88.71 D 17992 D Class A Common Stock 2010-12-10 4 S 0 36 88.72 D 17956 D Class A Common Stock 2010-12-10 4 S 0 104 88.8027 D 17852 D Class A Common Stock 2010-12-10 4 S 0 100 88.86 D 17752 D Class A Common Stock 2010-12-10 4 S 0 296 88.87 D 17456 D Class A Common Stock 2010-12-10 4 S 0 100 88.925 D 17356 D Class A Common Stock 2010-12-10 4 S 0 200 88.96 D 17156 D Class A Common Stock 2010-12-10 4 S 0 200 88.97 D 16956 D Class A Common Stock 2010-12-10 4 S 0 10 88.98 D 16946 D Class A Common Stock 2010-12-10 4 S 0 100 89.02 D 16846 D Class A Common Stock 2010-12-10 4 S 0 200 89.03 D 16646 D Class A Common Stock 2010-12-10 4 S 0 101 89.0406 D 16545 D Class A Common Stock 2010-12-10 4 S 0 100 89.085 D 16445 D Class A Common Stock 2010-12-10 4 S 0 100 89.10 D 16345 D Class A Common Stock 2010-12-10 4 S 0 108 89.11 D 16237 D Class A Common Stock 2010-12-10 4 S 0 700 89.13 D 15537 D Class A Common Stock 2010-12-10 4 S 0 200 89.14 D 15337 D Class A Common Stock 2010-12-10 4 S 0 100 89.141 D 15237 D Employee Stock Option (right to buy) 24.80 2010-12-10 4 M 0 12500 0 D 2011-04-18 Class A Common Stock 12500 0 D Separate open market sale transactions that were executed on 12/10/2010 at the same price have been reported on an aggregate basis on a single line in Table I. The order in which sale transactions are set forth in Table I is not necessarily reflective of the sequence in which the sale transactions occurred in fact. Of the 12,500 shares exercised on 12/10/2010 pursuant to this stock option, 6,250 shares vested on 04/18/2004 and 6,250 shares vested on 04/18/2005. See Exhibit A. This is the first Form 4 of two Form 4 filings made by the reporting person to report transactions that occurred on December 10, 2010. /s/ Jeffery A. Bedell 2010-12-14