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Data Storage Corp — Director's Dealing 2024
Jan 4, 2024
34789_dirs_2024-01-04_d1e4399b-e73d-4ef2-bb28-de4a0194c692.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: 2024-01-02
Reporting Person: Piluso Charles M. (Director, Chairman and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-02 | Common Stock | A | 17065 | — | Acquired | 357710 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-02 | Stock Options | $3.22 | A | 15528 | Acquired | 2029-01-01 | Common Stock (15528) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 16667 | Indirect |
| Common Stock | 65083 | Indirect |
| Common Stock | 230116 | Indirect |
| Common Stock | 230116 | Indirect |
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: The Reporting Person is a Managing Member of Piluso Family Associates, together with his spouse.
F3: The Reporting Person is a Managing Member of of Piluso Family Associates LLC, together with his spouse.
F4: The Reporting Person's spouse is the beneficiary of The Lasata 2012 Trust dated 5/4/12 ("The Lasata Trust") and the Reporting Person's spouse, together with Lawrence Maglione, a director of the Issuer, are the co-trustees of the Lasata Trust.
F5: The Reporting Person is the beneficiary of The Bella Vita 2012 Trust dated 5/4/12 ("The Bella Vita Trust") and the Reporting Person, together with his spouse, are the co-trustees thereof.
F6: 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 110% of the closing price of the Issuer's common stock as of the date of grant.