0001209191-22-033511.txt : 20220602 0001209191-22-033511.hdr.sgml : 20220602 20220602161444 ACCESSION NUMBER: 0001209191-22-033511 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20220531 FILED AS OF DATE: 20220602 DATE AS OF CHANGE: 20220602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RECHAN LESLIE J CENTRAL INDEX KEY: 0001333062 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24435 FILM NUMBER: 22990962 MAIL ADDRESS: STREET 1: 2207 BRIDGEPOINTE PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94404 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 X0306 4 2022-05-31 0 0001050446 MICROSTRATEGY Inc MSTR 0001333062 RECHAN LESLIE J C/O MICROSTRATEGY INCORPORATED 1850 TOWERS CRESCENT PLAZA TYSONS CORNER VA 22182 1 0 0 0 Class A Common Stock 2000 I By Meredithe Rechan 2021 Family Trust Director Stock Option (Right to buy) 264.69 2022-05-31 4 A 0 5000 0.00 A 2032-05-31 Class A Common Stock 5000 5000 D Shares are held directly by a family trust, of which Mr. Rechan and five of his children are beneficiaries and for which Mr. Rechan and two of his children serve as trustees. This option is scheduled to vest as to 1,250 shares on the first anniversary of the grant date, and as to an additional 1,250 shares on each anniversary thereafter until the option is vested in full. This option was granted pursuant to Amendment No. 2 to the MicroStrategy Incorporated 2013 Stock Incentive Plan ("Amendment No. 2"). Amendment No. 2 provides for the annual automatic grant of a stock option to purchase 5,000 shares of Class A common stock to each non-employee director on May 31 of each year, beginning in 2015. Amendment No. 2 was approved by the stockholders of MicroStrategy Incorporated at the 2015 annual meeting. See Exhibit A. Exhibit 24 - Power of Attorney /s/ Joseph Phillips, Attorney-in-Fact 2022-06-02 EX-24 2 attachment1.htm EX-24 DOCUMENT 
POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints
each of W. Ming Shao, Andrew Kang, and Joseph Phillips, signing singly, the
undersigned's true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer and/or director of MicroStrategy Incorporated (the "Company"),
Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form 3, 4, or 5
and timely file such form with the United States Securities and Exchange
Commission and any stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
and in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with, or the undersigned's liability under, Section 16 of the Securities
Exchange Act of 1934.

This Power of Attorney supersedes any and all previous Powers of Attorney
relating to Form 3, 4, and 5 filings in the undersigned's capacity as an officer
and/or director of the Company, and shall remain in full force and effect until
the undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing delivered
to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of the date written below.

Signature:   /s/ Leslie Rechan
Print Name:  Leslie Rechan
Print Date:  June 2, 2022
EX-99.1 3 attachment2.htm EX-99.1 DOCUMENT 
Exhibit A:

Mr. Rechan also directly owns a director stock option to purchase 3,750 shares
of Class A common stock with (i) an exercise price of $127.46 per share and (ii)
an expiration date of April 30, 2028. The 3,750 shares subject to this option
vested on April 30, 2022.

Mr. Rechan also directly owns a director stock option to purchase 1,250 shares
of Class A common stock with (i) an exercise price of $129.57 per share and (ii)
an expiration date of May 31, 2028. The 1,250 shares subject to this option
vested May 31, 2022.

Mr. Rechan also directly owns a director stock option to purchase 2,500 shares
of Class A common stock with (i) an exercise price of $132.91 per share and (ii)
an expiration date of May 31, 2029. Of the 2,500 shares subject to this option,
1,250 shares vested on May 31, 2022 and 1,250 shares are scheduled to vest on
May 31, 2023.

Mr. Rechan also directly owns a director stock option to purchase 3,750 shares
of Class A common stock with (i) an exercise price of $124.48 per share and (ii)
an expiration date of May 31, 2030. Of the 3,750 shares subject to this option,
1,250 shares vested on May 31, 2022, 1,250 shares are scheduled to vest on May
31,2023, and 1,250 shares are scheduled to vest on May 31, 2024.

Mr. Rechan also directly owns a director stock option to purchase 5,000 shares
of Class A common stock with (i) an exercise price of $470.00 per share and (ii)
an expiration date of May 31, 2031. Of the 5,000 shares subject to this option,
1,250 shares vested on May 31, 2022, 1,250 shares are scheduled to vest on May
31, 2023, 1,250 shares are scheduled to vest on May 31, 2024, and 1,250 shares
are scheduled to vest on May 31, 2025.