Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DTST | Stock Options | Award | $0 | +10K | +149.99% | $0.00 | 16.7K | Apr 8, 2022 | Common Stock | 10K | Direct | F1, F2 | |
transaction | DTST | Restricted Stock Unit | Award | $0 | +10K | $0.00 | 10K | Apr 8, 2022 | Common Stock | 10K | Direct | F2, F3, F4 |
Id | Content |
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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. |
F2 | Correction to number of derivative securities owned following reported transaction to reflect the 1-for-40 reverse stock split effected by the Issuer on May 14, 2021. |
F3 | 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. |
F4 | Correction to number of derivative securities owned following the reported transaction to reflect each class in separate lines. |