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

Signature
/s/ Wendy Schmittzeh, Attorney-in-fact
Stock symbol
DTST
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 05:48 PM
Previous filing
Jan 4, 2024
Next filing
Apr 2, 2024

Transactions Table

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 -9.8K -33.33% 19.6K Feb 29, 2024 Common Stock 9.8K 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.