Todd A. Correll - 12 Apr 2022 Form 4 Insider Report for Data Storage Corp (DTST)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Apr 2022, 21:32:34 UTC
Next SEC filing
25 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Todd Correll

Key filing fact

Todd A. Correll filed Form 4 for Data Storage Corp (DTST) on 14 Apr 2022.

Key facts

  • This page summarizes Todd A. Correll's Form 4 filing for Data Storage Corp (DTST).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 14 Apr 2022, 21:32.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DTST transaction Derivative

Stock Options

Award

Transaction value
$0
Shares
+10,000
Change %
+40%
Price
$0.000000
Shares after
35,000
Date
08 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
Footnotes
F1
DTST transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+10,000
Change %
+29%
Price
$0.000000
Shares after
45,000
Date
08 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The options ("Options") shall be issued on a quarterly basis, in four equal installments of 2,500 Options each. The exercise price of the Options shall equal the closing price of the Issuer's common stock on the last trading day of each quarter. The Options are exercisable for a term of 10 years.

Footnote F2

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs will be issued on a quarterly basis, in four equal installments of 2,500 RSUs each, and shall vest within one year of each date of issuance, subject to the Reporting Person being a member of the board of directors of the Issuer through each such date. The restricted stock units do not expire, they either vest or are canceled prior to vesting date.

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