John Argen - Jun 30, 2023 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Director
Signature
/s/ John Argen
Stock symbol
DTST
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 09:46 PM
Previous filing
Apr 27, 2023
Next filing
Oct 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Options Exercise +2.5K +42.85% 8.33K Jun 30, 2023 Direct F1
transaction DTST Common Stock Award $0 +2.5K +30% $0.00 10.8K Jun 30, 2023 Direct F2

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 Restricted Stock Unit Options Exercise $0 -2.5K -100% $0.00* 0 Jun 30, 2023 Common Stock 2.5K Direct F1, F3
transaction DTST Option to Purchase Stock Award $0 +2.5K $0.00 2.5K Jun 30, 2023 Common Stock 2.5K $2.33 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 These RSUs represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest on the one-year anniversary of the date of grant.
F3 On June 30, 2022 the reporting person was granted 2,500 RSUs, vesting on the one year anniversary of the grant date.
F4 These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from June 30, 2023. These Options will expire on June 29, 2033.