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Data Storage Corp — Director's Dealing 2023
Apr 12, 2023
34789_dirs_2023-04-12_1c24e7d1-dedc-41d1-bbff-61809df15f8d.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: 2023-04-10
Reporting Person: Kempster Thomas (Director, EVP, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-10 | Stock Options | $ | A | 25000 | Acquired | Common Stock (25000) | Direct | |
| 2023-04-10 | Restricted Stock Unit | $ | A | 25000 | Acquired | Common Stock (25000) | Direct |
Footnotes
F1: These options ("Options") vest and become exercisable in three equal annual installments starting on April 10, 2024. The exercise price of these Options shall be equal to the closing price of the Issuer's common stock on each vesting date. These options will expire on April 10, 2033.
F2: These restricted stock units ("RSUs") represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest over a three-year period, in three equal annual installments starting on April 10, 2024; April 10, 2025; and April 10, 2026, subject to the Reporting Person's continued service to the Issuer through each vesting date. These restricted stock units do not have an expiration date.