Charles M. Piluso - 10 Dec 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
10 Dec 2024
Transactions value $
-$6,244,000
Form type
4
Filing time
12 Dec 2024, 18:42:50 UTC
Previous filing
02 Apr 2024
Next filing
06 Jan 2025
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 $6K +2.5K +0.66% $2.40 379K 10 Dec 2024 Direct F1
holding DTST Common Stock 16.7K 10 Dec 2024 Piluso Family Associates F2
holding DTST Common Stock 65.1K 10 Dec 2024 Piluso Family Associates LLC F2
holding DTST Common Stock 230K 10 Dec 2024 The Lasata 2012 Trust date 5/4/12 F3
holding DTST Common Stock 230K 10 Dec 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 -$6.25M -2.5K -100% $2,500.00 0 10 Dec 2024 Common Stock 2.5K $2.40 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares of the Issuer's common stock underlying a stock option grant to the Reporting Person, which vested in full on December 11, 2022, that was exercised by the Reporting Person on December 10, 2024.
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.