Matthew Grover - Jun 30, 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role: Director
Signature: /s/ Wendy Schmittzeh, Attorney-in-fact for Matthew Grover
Stock symbol: DTST
Transactions as of: Jun 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/2/2024, 09:50 PM
Previous filing: Apr 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTST	Common Stock	Options Exercise		+2.5K	+11.11%		25K	Jun 30, 2024	Direct	F1, F2
transaction	DTST	Common Stock	Award	$0	+2.5K	+10%	$0.00	27.5K	Jun 30, 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	-2.5K	-100%	$0.00^*	0	Jun 30, 2024	Common Stock	2.5K		Direct	F1, F2
transaction	DTST	Option to Purchase Stock	Award	$0	+2.5K		$0.00	2.5K	Jun 30, 2024	Common Stock	2.5K	$6.56	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 June 30, 2023 the reporting person was granted 2,500 RSUs, which vested on June 30, 2024. The total amount of securities beneficially owned after this issuance reflects a correction from the Form 4 filed by Mr. Grover on January 3, 2024, which should have disclosed 17,500 shares beneficially owned at that time rather than 17,250.
F3	Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Grover on June 30, 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 June 30, 2024, vesting commencing on June 30, 2025. These Options will expire on June 30, 2034.