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Data Storage Corp — Director's Dealing 2024
Jul 2, 2024
34789_dirs_2024-07-02_b5649f21-135a-43e6-8361-e0977fc6778d.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: 2024-06-30
Reporting Person: Correll Todd A. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-30 | Common Stock | M | 2500 | — | Acquired | 25625 | Direct |
| 2024-06-30 | Common Stock | A | 2500 | — | Acquired | 28125 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-30 | Restricted Stock Unit | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2024-06-30 | Option to Purchase Stock | $6.56 | A | 2500 | Acquired | 2034-06-30 | 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 June 30, 2023 the reporting person was granted 2,500 RSUs, which vested on June 30, 2024.
F3: Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Correll on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant.
F4: These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from June 30, 2024, vesting commencing on June 30, 2025. These Options will expire on June 30, 2034.