Todd A. Correll - 08 Apr 2023 Form 4/A - Amendment Insider Report for Data Storage Corp (DTST)

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	+10,000	+1600%	$0.000000	10,625	08 Apr 2022	Common Stock	10,000		Direct	F1, F2
transaction	DTST	Restricted Stock Unit	Award	$0	+10,000		$0.000000	10,000	08 Apr 2022	Common Stock	10,000		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
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.