Hoffman Joseph B. 4
4 · Data Storage Corp · Filed Jul 5, 2023
Insider Transaction Report
Form 4
Hoffman Joseph B.
Director
Transactions
- Award
Option to Purchase Stock
2023-06-30+2,500→ 2,500 totalExercise: $2.33Exp: 2033-06-29→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2023-06-30+2,500→ 5,000 total - Exercise/Conversion
Restricted Stock Unit
2023-06-30−2,500→ 0 total→ Common Stock (2,500 underlying) - Award
Common Stock
2023-06-30+2,500→ 7,500 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]These RSUs represent a contingent right to receive one share of the Issuer's common stock. These RSUs vest on the one-year anniversary of the date of grant.
- [F3]On June 30, 2022 the reporting person was granted 2,500 RSUs, vesting on the one year anniversary of the grant date.
- [F4]These options ("Options") vest and become exercisable in three equal annual installments over the three-year period measured from June 30, 2023. These Options will expire on June 29, 2033.