Charles M. Piluso - Jan 2, 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Charles M. Piluso
Stock symbol
DTST
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 05:24 PM
Previous filing
Mar 30, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Award $0 +17.1 K +5.01% $0.00 358 K Jan 2, 2024 Direct F1
holding DTST Common Stock 16.7 K Jan 2, 2024 Piluso Family Associates F2
holding DTST Common Stock 65.1 K Jan 2, 2024 Piluso Family Associates LLC F3
holding DTST Common Stock 230 K Jan 2, 2024 The Lasata 2012 Trust dated 5/4/12 F4
holding DTST Common Stock 230 K Jan 2, 2024 The Bella Vita 2012 Trust dated 5/4/12 F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTST Stock Options Award $0 +15.5 K $0.00 15.5 K Jan 2, 2024 Common Stock 15.5 K $3.22 Direct F6

Charles M. Piluso is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.