Christos Panagiotakos - 02 Jan 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Chief Financial Officer
Signature
/s/ Christos Panagiotakos
Issuer symbol
DTST
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 17:19:43 UTC
Previous filing
30 Mar 2023
Next filing
05 Mar 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 Award $0 +9,172 $0.000000 9,172 02 Jan 2024 Direct F1
transaction DTST Common Stock Award $0 +10,026 +109% $0.000000 19,198 02 Jan 2024 Direct F1

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 +9,172 $0.000000 9,172 02 Jan 2024 Common Stock 9,172 $2.93 Direct F2
transaction DTST Stock Options Award $0 +10,026 $0.000000 10,026 02 Jan 2024 Common Stock 10,026 $2.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Christos Panagiotakos is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the shares of the Issuer's common stock underlying a restricted stock unit ("RSU") grant to the Reporting Person on January 2, 2024, which RSUs vest over a three-year period, in three equal annual installments starting on January 2, 2025; January 2, 2026; and January 2, 2027, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F2 Options granted as part of the Reporting Person's 2023 year-end performance bonus. These options vest and become exercisable in three equal annual installments over the three-year period measured from January 2, 2024, vesting commencing on January 2, 2025, with an exercise price equal to 100% of the closing price of the Issuer's common stock as of the date of grant.
F3 Options granted to the Reporting Person pursuant to the terms of his employment agreement. These options vest and become exercisable in three equal annual installments over the three-year period measured from January 2, 2024, vesting commencing on January 2, 2025, with an exercise price equal to 100% of the closing price of the Issuer's common stock as of the date of grant.