Thomas Kempster - Apr 10, 2023 Form 4 Insider Report for Data Storage Corp (DTST)

Role
EVP, Director, 10%+ Owner
Signature
/s/ Thomas C. Kempster
Stock symbol
DTST
Transactions as of
Apr 10, 2023
Transactions value $
$0
Form type
4
Date filed
4/12/2023, 08:45 PM
Previous filing
Mar 1, 2023
Next filing
Jan 4, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTST Stock Options Award $0 +25K +132.46% $0.00 43.9K Apr 10, 2023 Common Stock 25K Direct F1
transaction DTST Restricted Stock Unit Award $0 +25K +170% $0.00 39.7K Apr 10, 2023 Common Stock 25K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options ("Options") vest and become exercisable in three equal annual installments starting on April 10, 2024. The exercise price of these Options shall be equal to the closing price of the Issuer's common stock on each vesting date. These options will expire on April 10, 2033.
F2 These restricted stock units ("RSUs") represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest over a three-year period, in three equal annual installments starting on April 10, 2024; April 10, 2025; and April 10, 2026, subject to the Reporting Person's continued service to the Issuer through each vesting date. These restricted stock units do not have an expiration date.