0001209191-23-033698.txt : 20230602 0001209191-23-033698.hdr.sgml : 20230602 20230602161750 ACCESSION NUMBER: 0001209191-23-033698 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230531 FILED AS OF DATE: 20230602 DATE AS OF CHANGE: 20230602 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: 23989012 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 X0407 4 2023-05-31 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 0 Class A Common Stock 2000 I By Meredithe Rechan 2021 Family Trust Director Stock Option (Right to buy) 301.63 2023-05-31 4 A 0 761 0.00 A 2033-05-31 Class A Common Stock 761 761 D Restricted Stock Units 2023-05-31 4 A 0 497 0.00 A Class A Common Stock 497 497 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. These grants were made pursuant to the MicroStrategy Incorporated 2023 Equity Incentive Plan ("2023 Plan"), which provides for the annual automatic grant of equity awards with an aggregate fair value of $300,000 (split evenly between RSUs and options) to each non-employee director on May 31 of each year, beginning in 2023. The 2023 Plan was approved by the stockholders of MicroStrategy Incorporated at the 2023 annual meeting. This option is scheduled to vest as to 761 shares on the first anniversary of the grant date. See Exhibit A. Each restricted stock unit represents a contingent right to receive one share of MicroStrategy class A common stock. These restricted stock units are scheduled to vest as to 497 shares on the first anniversary of the grant date. /s/ Joseph Phillips, Attorney-in-Fact 2023-06-02 EX-99.1 2 attachment1.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 vested 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 vested 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 vested 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.

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 $264.69 per share and (ii)
an expiration date of May 31, 2032. Of the 5,000 shares subject to this option,
1,250 shares vested on May 31, 2023, 1,250 shares are scheduled to vest on May
31, 2024, 1,250 shares are scheduled to vest on May 31, 2025, and 1,250 shares
are scheduled to vest on May 31, 2026.