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Data Storage Corp — Director's Dealing 2024
Jan 3, 2024
34789_dirs_2024-01-03_7ea3b3a5-edb4-44b2-8615-56f2bb3653b1.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: 2023-12-31
Reporting Person: Correll Todd A. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | Common Stock | M | 2500 | — | Acquired | 15625 | Direct |
| 2023-12-31 | Common Stock | A | 2500 | — | Acquired | 18125 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-31 | Restricted Stock Unit | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2023-12-31 | Option to Purchase Stock | $2.88 | A | 2500 | Acquired | 2033-12-30 | Common Stock (2500) | Direct |
Footnotes
F1: Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2: Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Correll on December 31, 2023, which RSUs vest on the one-year anniversary of the date of grant.
F3: On December 31, 2022 the reporting person was granted 2,500 RSUs, which vested on December 31, 2023.
F4: These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from December 31, 2023, vesting commencing on December 31, 2024. These Options will expire on December 30, 2033.