Charles M. Piluso - 27 Mar 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
27 Mar 2024
Net transactions value
$0
Form type
4
Filing time
02 Apr 2024, 21:59:38 UTC
Previous filing
05 Mar 2024
Next filing
12 Dec 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 +9,416 +2.6% 376,930 27 Mar 2024 Direct F1
holding DTST Common Stock 16,667 27 Mar 2024 Piluso Family Associates F2
holding DTST Common Stock 65,083 27 Mar 2024 Piluso Family Associates LLC F2
holding DTST Common Stock 230,116 27 Mar 2024 The Lasata 2012 Trust date 5/4/12 F3
holding DTST Common Stock 230,116 27 Mar 2024 The Bella Vita 2012 Trust dated 5/4/12 F4

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 -9,416 -33% 18,833 27 Mar 2024 Common Stock 9,416 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. These RSUs were granted to the Reporting Person on March 28, 2023 and vest over a three year period, in equal installments on March 27, 2024, March 27, 2025 and March 27, 2026.
F2 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.
F3 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.
F4 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.