Charles M. Piluso - 02 Jan 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Charles M. Piluso
Issuer symbol
DTST
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 17:24:08 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 +17,065 +5% $0.000000 357,710 02 Jan 2024 Direct F1
holding DTST Common Stock 16,667 02 Jan 2024 Piluso Family Associates F2
holding DTST Common Stock 65,083 02 Jan 2024 Piluso Family Associates LLC F3
holding DTST Common Stock 230,116 02 Jan 2024 The Lasata 2012 Trust dated 5/4/12 F4
holding DTST Common Stock 230,116 02 Jan 2024 The Bella Vita 2012 Trust dated 5/4/12 F5

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 +15,528 $0.000000 15,528 02 Jan 2024 Common Stock 15,528 $3.22 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Charles M. Piluso 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 The Reporting Person is a Managing Member of Piluso Family Associates, together with his spouse.
F3 The Reporting Person is a Managing Member of of Piluso Family Associates LLC, together with his spouse.
F4 The Reporting Person's spouse is the beneficiary of The Lasata 2012 Trust dated 5/4/12 ("The Lasata Trust") and the Reporting Person's spouse, together with Lawrence Maglione, a director of the Issuer, are the co-trustees of the Lasata Trust.
F5 The Reporting Person is the beneficiary of The Bella Vita 2012 Trust dated 5/4/12 ("The Bella Vita Trust") and the Reporting Person, together with his spouse, are the co-trustees thereof.
F6 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 110% of the closing price of the Issuer's common stock as of the date of grant.