John Argen - Jun 30, 2024 Form 4/A Insider Report for Data Storage Corp (DTST)

Role
Director
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact for John Argen
Stock symbol
DTST
Transactions as of
Jun 30, 2024
Transactions value $
$0
Form type
4/A
Date filed
7/31/2024, 04:07 PM
Date Of Original Report
Jul 2, 2024
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Award +2.5K +9.33% 29.3K Jun 30, 2024 Direct F1, F2, 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 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 Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Argen on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant.
F3 The amount of securities beneficially owned by Mr. Argen following the reported transaction is correctly reported on this Form 4. The amount of securities beneficially owned by Mr. Argen has been adjusted to correct an error in a prior Form 4 filing that was filed with the Securities and Exchange Commission on July 2, 2024 to remove an RSU representing a right to receive 2,500 shares of the Issuer's common stock from Table I and Table II that were incorrectly stated as having been vested, as well as to disclose an open market purchase by Mr. Argen of 125 shares of the Issuer's common stock in or around 2016.
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.