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Data Storage Corp Director's Dealing 2023

Mar 1, 2023

34789_dirs_2023-03-01_6c6db60f-1d3f-4018-b179-1bf5ec4f0869.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: 2023-03-01

Reporting Person: Schwartz Harold J (Director, President, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-01 Stock Options $ A 14706 Acquired Common Stock (14706) Direct
2023-03-01 Restricted Stock Unit $ A 14706 Acquired Common Stock (14706) Direct

Footnotes

F1: These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from March 1, 2023. The exercise price of these Options shall be equal to 110% of the closing price of the Issuer's common stock as of the date of grant. These options will expire on March 1, 2033.

F2: These restricted stock units ("RSUs") represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest in three equal annual installments over the three-year period measured from March 1, 2023, 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.