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Data Storage Corp — Director's Dealing 2024
Jul 31, 2024
34789_dirs_2024-07-31_e34f795d-f5e0-407b-802d-41329b24f049.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: 2024-06-30
Reporting Person: Argen John (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-30 | Common Stock | A | 2500 | — | Acquired | 29292 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 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: Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Argen on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant.
F3: The amount of securities beneficially owned by Mr. Argen following the reported transaction is correctly reported on this Form 4. The amount of securities beneficially owned by Mr. Argen has been adjusted to correct an error in a prior Form 4 filing that was filed with the Securities and Exchange Commission on July 2, 2024 to remove an RSU representing a right to receive 2,500 shares of the Issuer's common stock from Table I and Table II that were incorrectly stated as having been vested, as well as to disclose an open market purchase by Mr. Argen of 125 shares of the Issuer's common stock in or around 2016.
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.