Maglione Lawrence A. 4
4 · Data Storage Corp · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Maglione Lawrence A.
Director
Transactions
- Exercise/Conversion
Common Stock
[F2][F1]2024-03-31+2,500→ 20,830 total - Award
Common Stock
[F3]2024-03-31+2,500→ 23,330 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2024-03-31−2,500→ 2,500 total→ Common Stock (2,500 underlying) - Award
Option to Purchase Stock
[F4]2024-03-31+2,500→ 2,500 totalExercise: $5.72Exp: 2034-03-30→ Common Stock (2,500 underlying)
Footnotes (4)
- [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 March 31, 2023 the reporting person was granted 2,500 RSUs, which vested on March 31, 2024.
- [F3]Represents the shares of the Issuer's common stock underlying an RSU grant to Mr. Maglione on March 31, 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 March 31, 2024, vesting commencing on March 31, 2025. These Options will expire on March 30, 2034.
Signature
/s/ Wendy Schmittzeh, Attorney-in-fact|2024-04-02