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Data Storage Corp Director's Dealing 2012

Feb 15, 2012

34789_dirs_2012-02-15_f79df429-4f9f-4dd3-aaba-559f00eb7136.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Data Storage Corp (DTST)
CIK: 0001419951
Period of Report: 2011-12-21

Reporting Person: Stein Clifford (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-21 Common Stock C 986194 $0.39 Acquired 1216983 Direct
2011-12-21 Common Stock J 70357 $0.41 Acquired 1287340 Direct
2011-12-21 Common Stock J 90498 $0.85 Acquired 1377838 Direct
2011-12-21 Common Stock C 1138319 $0.55 Acquired 2516157 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-21 Convertible Debt $0.39 C 986194 Disposed 2013-06-15 Convertible Promissory Note (986194) Direct
2011-12-21 Warrants $0.55 C 1138319 Disposed 2020-06-30 Warrants (1138319) Direct

Footnotes

F1: Past Due Interest on Convertible Debt based on March 2011 share price of $0.41 per share

F2: Current and Future Interest on Convertible Debt based on the Issuer's offer price to private investors in December 2012.

F3: The Warrants were purchased together with the Convertible Debt and are included in the Convertible Debt purchase price of $384,615.66