Lawrence A. Maglione - Jun 30, 2024 Form 4 Insider Report for Data Storage Corp (DTST)

Role
Director
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact for Lawrence A. Maglione
Stock symbol
DTST
Transactions as of
Jun 30, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 09:50 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTST Common Stock Options Exercise +2.5K +10.72% 25.8K Jun 30, 2024 Direct F1, F2
transaction DTST Common Stock Award $0 +2.5K +9.68% $0.00 28.3K Jun 30, 2024 Direct F3

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 Restricted Stock Unit Options Exercise $0 -2.5K -100% $0.00* 0 Jun 30, 2024 Common Stock 2.5K Direct F1, F2
transaction DTST Option to Purchase Stock Award $0 +2.5K $0.00 2.5K Jun 30, 2024 Common Stock 2.5K $6.56 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 On June 30, 2023 the reporting person was granted 2,500 RSUs, which vested on June 30, 2024.
F3 Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Maglione on June 30, 2024, which RSUs vest on the one-year anniversary of the date of grant.
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.