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Data Storage Corp — Director's Dealing 2023
Apr 25, 2023
34789_dirs_2023-04-25_b322fc3f-378b-4611-995c-183c7dec09be.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: 2023-03-31
Reporting Person: Grover Matthew (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-31 | Stock Options | $ | A | 2500 | Acquired | Common Stock (2500) | Direct | |
| 2023-03-31 | Restricted Stock Unit | $ | A | 2500 | Acquired | Common Stock (2500) | Direct |
Footnotes
F1: These options ("Options") vest over a three year period in three equal annual installments. The exercise price of these Options shall equal the closing price of the Issuer's common stock on the last trading day of each quarter. The Options are exercisable for a term of 10 years.
F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. These RSUs vest within one year from the date of issuance, subject to the Reporting Person being a member of the board of directors of the Issuer through such date. These restricted stock units do not expire, they either vest or are canceled prior to vesting date.