Charles M. Piluso - 29 Feb 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact
Issuer symbol
DTST
Transactions as of
29 Feb 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 17:48:16 UTC
Previous filing
04 Jan 2024
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 +9,804 +2.7% 367,514 29 Feb 2024 Direct F1
holding DTST Common Stock 16,667 29 Feb 2024 Piluso Family Associates F2
holding DTST Common Stock 65,083 29 Feb 2024 Piluso Family Associates LLC F3
holding DTST Common Stock 230,116 29 Feb 2024 The Lasata 2012 Trust date 5/4/12 F4
holding DTST Common Stock 230,116 29 Feb 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 Restricted Stock Unit Options Exercise -9,804 -33% 19,608 29 Feb 2024 Common Stock 9,804 Direct F1, 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 RSUs convert into common stock on a one-for-one basis.
F2 Represents the shares of the Issuer's common stock underlying a restricted stock unit ("RSU") grant to the Reporting Person on March 1, 2023, which RSUs vest over a three-year period, in three equal annual installments starting on February 29, 2024; February 28, 2025; and February 28, 2026, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F3 The Reporting Person is a Managing Member of Piluso Family Associates, together with his spouse. The Reporting Person is a Managing Member 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 RSUs represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest one third on the one-year anniversary of the date of grant.