Data Storage Corp — Director's Dealing 2024

Jan 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Data Storage Corp (DTST)
CIK: 0001419951
Period of Report: 2024-01-02

Reporting Person: Panagiotakos Christos (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-02	Common Stock	A	9172	—	Acquired	9172	Direct
2024-01-02	Common Stock	A	10026	—	Acquired	19198	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-02	Stock Options	$2.93	A	9172	Acquired	2034-01-01	Common Stock (9172)	Direct
2024-01-02	Stock Options	$2.93	A	10026	Acquired	2034-01-01	Common Stock (10026)	Direct

Footnotes

F1: Represents the shares of the Issuer's common stock underlying a restricted stock unit ("RSU") grant to the Reporting Person on January 2, 2024, which RSUs vest over a three-year period, in three equal annual installments starting on January 2, 2025; January 2, 2026; and January 2, 2027, subject to the Reporting Person's continued service to the Issuer through each vesting date.

F2: Options granted as part of the Reporting Person's 2023 year-end performance bonus. These options vest and become exercisable in three equal annual installments over the three-year period measured from January 2, 2024, vesting commencing on January 2, 2025, with an exercise price equal to 100% of the closing price of the Issuer's common stock as of the date of grant.

F3: Options granted to the Reporting Person pursuant to the terms of his employment agreement. These options vest and become exercisable in three equal annual installments over the three-year period measured from January 2, 2024, vesting commencing on January 2, 2025, with an exercise price equal to 100% of the closing price of the Issuer's common stock as of the date of grant.