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Data Storage Corp Director's Dealing 2024

Jul 31, 2024

34789_dirs_2024-07-31_2249d5bf-d497-47a2-8382-4adb2a52f035.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Data Storage Corp (DTST)
CIK: 0001419951
Period of Report: 2024-03-31

Reporting Person: Argen John (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-31 Common Stock M 2500 Acquired 24167 Direct
2024-03-31 Common Stock A 2500 Acquired 26667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-31 Restricted Stock Unit $ M 2500 Disposed Common Stock (2500) Direct
2024-03-31 Option to Purchase Stock $5.72 A 2500 Acquired 2034-03-30 Common Stock (2500) Direct

Footnotes

F1: Restricted stock units ("RSUs") convert into common stock on a one-for-one basis and represent a contingent right to receive one share of the Issuer's common stock.

F2: On March 31, 2023 the reporting person was granted 2,500 RSUs, which vested on March 31, 2024.

F3: Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Argen on March 31, 2024, which RSUs vest on the one-year anniversary of the date of grant.

F4: The amount of derivative securities beneficially owned by Mr. Argen following the reported transaction is correctly reported on this Form 4. The amount of derivative securities beneficially owned by Mr. Argen following the reported transaction has been adjusted to correct errors in prior Form 4 filings that were filed with the Securities and Exchange Commission on July 5, 2023, October 11, 2023, January 3, 2024 and April 2, 2024, each of which indicated the balance of derivative securities beneficially owned by Mr. Argen following the reported transaction as being 2,500 greater than the actual number that should have been reported.

F5: These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from March 31, 2024, vesting commencing on March 31, 2025. These Options will expire on March 30, 2034.