John Argen - 26 Dec 2023 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Director
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact
Issuer symbol
DTST
Transactions as of
26 Dec 2023
Net transactions value
+$1,699
Form type
4
Filing time
03 Jan 2024, 20:57:20 UTC
Previous filing
11 Oct 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Options Exercise $1,699 +833 +5.3% $2.04 16,667 26 Dec 2023 Direct F5
transaction DTST Common Stock Options Exercise +2,500 +15% 19,167 31 Dec 2023 Direct F1, F3
transaction DTST Common Stock Award $0 +2,500 +13% $0.000000 21,667 31 Dec 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 Option to Purchase Stock Options Exercise $0 -833 -33% $0.000000 1,667 26 Dec 2023 Common Stock 2,500 $2.04 Direct F5
transaction DTST Restricted Stock Unit Options Exercise $0 -2,500 -33% $0.000000 5,000 31 Dec 2023 Common Stock 2,500 Direct F1, F3
transaction DTST Option to Purchase Stock Award $0 +2,500 $0.000000 2,500 31 Dec 2023 Common Stock 2,500 $2.88 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 Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Argen on December 31, 2023, which RSUs vest on the one-year anniversary of the date of grant.
F3 On December 31, 2022 the reporting person was granted 2,500 RSUs, which vested on December 31, 2023.
F4 These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from December 31, 2023, vesting commencing on December 31, 2024. These Options will expire on December 30, 2033.
F5 On December 26, 2023 the reporting person exercised 833 of the 2,500 options granted on September 30, 2022.