Todd A. Correll - 31 Mar 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Director
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact
Issuer symbol
DTST
Transactions as of
31 Mar 2024
Net transactions value
$0
Form type
4
Filing time
02 Apr 2024, 21:58:16 UTC
Previous filing
03 Jan 2024
Next filing
02 Jul 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 +2,500 +14% 20,625 31 Mar 2024 Direct F1, F2
transaction DTST Common Stock Award $0 +2,500 +12% $0.000000 23,125 31 Mar 2024 Direct F3

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 $0 -2,500 -50% $0.000000 2,500 31 Mar 2024 Common Stock 2,500 Direct F1, F2
transaction DTST Option to Purchase Stock Award $0 +2,500 $0.000000 2,500 31 Mar 2024 Common Stock 2,500 $5.72 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 and represent a contingent right to receive one share of the Issuer's common stock.
F2 On March 31, 2023 the reporting person was granted 2,500 RSUs, which vested on March 31, 2024.
F3 Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Correll on March 31, 2024, which RSUs vest on the one-year anniversary of the date of grant.
F4 These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from March 31, 2024, vesting commencing on March 31, 2025. These Options will expire on March 30, 2034.