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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.