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

Role
Director
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact
Stock symbol
DTST
Transactions as of
Dec 26, 2023
Transactions value $
$1,699
Form type
4
Date filed
1/3/2024, 08:57 PM
Previous filing
Oct 11, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Options Exercise $1.7K +833 +5.26% $2.04 16.7K Dec 26, 2023 Direct F5
transaction DTST Common Stock Options Exercise +2.5K +15% 19.2K Dec 31, 2023 Direct F1, F3
transaction DTST Common Stock Award $0 +2.5K +13.04% $0.00 21.7K Dec 31, 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 -33.32% $0.00 1.67K Dec 26, 2023 Common Stock 2.5K $2.04 Direct F5
transaction DTST Restricted Stock Unit Options Exercise $0 -2.5K -33.33% $0.00 5K Dec 31, 2023 Common Stock 2.5K Direct F1, F3
transaction DTST Option to Purchase Stock Award $0 +2.5K $0.00 2.5K Dec 31, 2023 Common Stock 2.5K $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.